You believe that the price will go up, so you decide to go long (buy) on Bitcoin. You then enter a contract with a broker to exchange the difference in price between the current price of $50,000 and the future price at which you will close the trade. If you haven’t been put off by that bucket of cold water, … Read More
How To Trade The Bull Pennant Pattern
Being able to discern these different trends effectively can greatly aid in your trading strategy. Keeping profits and investment in mind involves a balanced understanding of position, number, and money management strategies. This awareness ensures that traders don’t expose themselves to undue risks while aiming for profits. Security and support levels are crucial when dealing with Bull Pennant trading. Traders … Read More