$BTCUSD bounce or break? UPDATE: it

    Posted by timebandit on 25th of Jul 2022 at 03:33 pm

    $BTCUSD bounce or break?

    UPDATE: it broke - trying to recover

    nice spotting by you, that

    Posted by matt on 25th of Jul 2022 at 03:55 pm

    nice spotting by you, that was a lower risk place to look for a long bounce

    Yeah, that was a nice

    Posted by timebandit on 25th of Jul 2022 at 03:57 pm

    Yeah, that was a nice false break. As DigiNomad mentioned, those can be good trades

    Nice reversal so far. Channel

    Posted by DigiNomad on 25th of Jul 2022 at 03:50 pm

    Nice reversal so far. Channel breaks in the direction of the major trend (aka going parabolic, whether up or down) seem to almost always signal an upcoming reversal. Sometimes takes longer than other times...and sometimes takes longer than some can remain solvent, but it still seems to be a thing.

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