(More) Bitcoin Trend Continuation
מעודכן
As crazy as it seems, recent price action suggests that the bulls aren't finished yet.
It's pretty typical for us to consolidate for a few bars after a big candle like this, so I'm scaling in my long over the next few hours.
The risk on this trade is definitely higher than the previous one. We're much further from support making a drop more likely, and meaning stop-loss has to be set further away from entry. So I will be trading a smaller position than usual to offset these risks.
As before, there's plenty of technical reasons to be bearish, but I'm choosing to trust price action over indicators.
It's pretty typical for us to consolidate for a few bars after a big candle like this, so I'm scaling in my long over the next few hours.
The risk on this trade is definitely higher than the previous one. We're much further from support making a drop more likely, and meaning stop-loss has to be set further away from entry. So I will be trading a smaller position than usual to offset these risks.
As before, there's plenty of technical reasons to be bearish, but I'm choosing to trust price action over indicators.
הערה
Stoploss moved up into profit at 4200 (beneath latest doji)עסקה סגורה: הגיע לסטופ
Trade stopped out in profit.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.