BTC READY FOR BREAKOUT🥵🥵🥵!!!!
STRATEGY 🔓🔑
1.As you can see there is already a double top formed so traders must have shorted it keeping the stop loss above yellow line.
RESULT :Buy orders accumilating above the yellow line.
2.The yellow line is identified as a resistance and a price movement above the yellow line welcomes traders to go on a long position.
RESULT :Buy orders accumilate above the yellow line
So who is going to sell BTC so that some one can buy this 🤔🤔🤔🤔
Will that seller outplay the demand surge??🤔🤔
Case 1:No
I may directly hit my stoploss or if the breakout traders wait for a retest I will exit my 50% trade @ profit = 1 times Risk and make this a safe trade.
Case 2:Yes
I can book my later 50% trade @ a reasonably higher risk reward☺️
HIGHLIGHT: Nearly 7 out of 10 breakout fails (shows statistics)
Think of repeating this strategy 'n' number of times
Do you trust in MATH??🎯🎯🎯
#Scalpying #scalping_trading #ScalpingTrading #MicroStrategy #buythedip