BTC bullish price action confirmed?
Since I've just made a nice 1:2 RR trade on BTC, I'm willing to take another one.
This recent move was a nice break above trendlines on the 4hr and on the daily chart. Let's see how it will go from here. We do have a higher level of 52k from the 7th of December so let's see if we can do another test and maybe break that level too.
This recent move was a nice break above trendlines on the 4hr and on the daily chart. Let's see how it will go from here. We do have a higher level of 52k from the 7th of December so let's see if we can do another test and maybe break that level too.
הערה:
Okay, now I think we have a high chance that this will tank very hard down to 49k level, but I'm not closing the trade. Let's see how it goes, overall I'm still having one of my most profitable month this year, so who cares :) It's Christmas :)
עסקה סגורה: הגיע לסטופ:
Well, at some point I was tempted to close this one with some profit or at least put the SL to BE (as I used to) but who cares, this month is already very profitable. But eventually, this has hit SL yesterday evening. It's all good :) It would be interesting to see price action around the 50k area, I might be looking for new entry points on the 1hr charts, but I might just wait for a few days. Liquidity is a bit low due to the holiday season so even if I do something I'll just take any new position for the rest of the year with much less risk.
