BITCOIN/TETHER USD 1 H Fractal Breakout Long.

This pair has been progressing the bullish trend by creating higher highs and higher lows. So your expectation is that the trend will continue. The high has made a fractal high. There should be a bearish pullback to a range area, then look for continuation candle patterns to the long side. Enter then and enter a second time when the fractal is broken. If during the bearish pullback the previous low is broken let a new high be made and see if it could reach the fractal or not. If not then when the short pullback starts again and breaks that previous low then short the trade.

Commentaire:

T^his trade was on the 4H chart. Price did break the fractal @3611.89306849 and currently is @ 4299.0000000.