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