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RE: BTC - Explanation about my trade of yesterday for your education
Looks like it was consolidating and getting tighter right? So it was gonna make a move once it broke trend lines of the triangle you were ready to place the sell or go short? T.A. Noob herw sorry lol.
thanks oll.
Exactly, it was consolidating inside the triangle I traced.
I waited to see the direction of the explosion, here it was down, so I shorted the BTC immediatly after it broke my resistance line and closed my short lower with profits.
Nice play. Nice play.