We have a reversal candlestick (yellow circle) on the 1h time frame chart for Bitcoin (XBT). This candlestick signals that Bitcoin will continue its move up.
We have an open trade for Bitcoin in profit, and we expect additional bullish action in the days to come.
Here is our trade:
Stop loss and target for this signal on chart. If price closes below stop loss, this signal is invalidated.
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Thanks a lot for reading.
Namaste.
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If you were trading using the above education information, your trade would still be open and active, waiting to generate profits as the 1h candle hasn't close below our stop loss.
In the case of a trade, this is where smart and successful traders WAIT PATIENTLY. Losing traders complaint... So if you find yourself complaining, make sure to read more and study so that you can also grow to a successful trader.