Trade Strategy for Bitcoin in Descending Channel



charting by tradingview
Symbol: Bitcoin BTCUSD XBTUSD 

Context: Descending Channel 

Charting Timeframe: 15m - 11H 

Short Signals: 
Green->Red on 15m-30m + Yellow on 1H - 2H + Green Context 
Yellow -> Red on 15m--1H + Red or Yellow Context 
Green -> Red on 15m - 1H + Red or Yellow Context 
Zone near upper border of the Descending Channel 

Long(Small Position) Signals: 
Multiple Blue -> Green + Red Context 
Zone near lower border of the Descending Channel 

Trade Setup Examples 
Long trade a bounce: Target Reached 

Short the end of a bounce: Target Reached 

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