BTCUSD Trade the Triangle's break out.

BTCUSD is trading inside a Triangle that has been holding for 3 weeks. Both the 4H (RSI = 52. 631, MACD = 105.300, ADX = 23.108) and 1D (RSI = 52.837, MACD = 205.700, ADX = 20.677) technicals are neutral, so the best approach would be to wait for the price to break out of the Triangle regardless the direction and trade accordingly.

Over it, we will target the R1 (TP = 31,000), while under it, we will target the S1 (TP = 27,000).



Prior idea:


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