Short

BTCUSD - Looking for My Profit Target

By lazytrade

Updated

Trade active

Found it :)

Note

Looking at the grid.. seems it unless it fails to shoulder, we have about 48 hours to go before we can make any solid suppositions about what will happen .. will it turn into a bull flag or crash?

Guess I'll set my stop loss 50 bones below my open and assume if it triggers the market is going to flip.

Trade active

Today racked up a solid reversal HA candle on the 1D chart.. I think that spells doom on a Monday.

Note

6612.7 it is.

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Took profits & re-positioned, next target 9450.

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Here comes the next level up!

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Danger time! BTC chewing at the 200 MA, cracking it could crack a whale sale back to the 50 MA! Set your stop loss below it if you have the margin and balls of steel, or high & tight if not. But don't keep opening bad trades! Wait until the order book is clear on one side or the other!!

lazytrade

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