BTGUSD: raise stops here/trail under dynamic
BTGUSD
After losing the dynamic support yesterday BTG fell away to
probe structure to its left and leaving pin bars of buying
intent at 240 but never quite struck the support at 235
before bouncing away again - creating a new dynamic support
line under the day's lows, like yesterday.
Still grinding higher but meeting quite heavy selling and
now pin bars of resistance from 290 . Still a good strategy
to run a trailing stop under the dynamic and maybe stick a
limit order between 294-299, looking to buy back at 282.
After losing the dynamic support yesterday BTG fell away to
probe structure to its left and leaving pin bars of buying
intent at 240 but never quite struck the support at 235
before bouncing away again - creating a new dynamic support
line under the day's lows, like yesterday.
Still grinding higher but meeting quite heavy selling and
now pin bars of resistance from 290 . Still a good strategy
to run a trailing stop under the dynamic and maybe stick a
limit order between 294-299, looking to buy back at 282.
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