The Bitcoin Double Bottom Trade 2018
Updated
Hi fellow salarymen, how's it going?
I'm finally properly back in the market after "THE TOP".
Any entry now is good, but safest to enter after breach of 4150USD (BitMex)
Loose stop losses and targets are recommended due to highly bearish market and erratic volume, but this is the general plan!
It's good to be back in Bitcoin.
Hope to see more OG members back soon ;)
The Salaryman
I'm finally properly back in the market after "THE TOP".
Any entry now is good, but safest to enter after breach of 4150USD (BitMex)
Loose stop losses and targets are recommended due to highly bearish market and erratic volume, but this is the general plan!
It's good to be back in Bitcoin.
Hope to see more OG members back soon ;)
The Salaryman
Trade active
Long open: 4,196XBT@4288 (+2%)
Note
Being careful not to get stop hunted here and adding to a full position. If it breaks below our stop loss, close on the rise.Trade active
We escape stop hunters not once, but twice. Now that we’ve survived CME Futures Expiry shenanigans, we move the stop loss down to $3,896 and wait for the recovery as planned.Breaking the stop loss again likely means the trade has been invalidated and we close all our positions to avoid further losses.
2x Long open: 3,920 & 4,196
Trade closed: stop reached
Bad trade sorry :(
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