BTC break upwards before continuing dump

18 ביוני 2018

This is my idea for a short term scalp. BTC seems like it's going to break upwards out of this pennant. Play a long, looking to close it around 6800 level when it hit long term downtrend diagonal.

18 ביוני 2018

הערה

The chart has just broken upwards, and we're approaching 6800. I set a take profit limit order. Let's see if my target hits.

18 ביוני 2018

הערה

6800 target has been hit. Wicked through to 6880. I am watching closely with tight stops. Don't want to call tops, could continue to break up.

22 ביוני 2018

העסקה בוטלה באופן ידני

And finally, the end of my short term thesis. We hit 6800, I made brief long profit, it was rejected from the long term downtrend, and made a drastic move towards long-term support