BTCUSD is on the long track again
as you can see that on the climbing above my blue (well known...)
trendline.
I didnt exspect that as first option, but it has happen.
I am still thinking that BTCUSD is a market where big players
do what they want to fishing up stopps here.
Please check these 3 bars i have marked
Price extensions in 4 Hours of more than:
3.6%
3.8%
4.5%
????
In which other market you are able see those bars ?
I am shure in no future market
Only if you have a market crash like 2008, and i am shure
we havent here at the monent a crash like that. 3 times in raw....
So if you trade this market be aware of these stopp fishing.
So your stopp loss level ( if you have one ) must be
5% away fom the market (minimum)
I dont know how many dollars these 5% stopp loss level is in everyones position
but if you trade bigger positions it can ruin you in a few hours if you are
on the wrong side.
So think about that to save your capital
Don't forget to like if you appreciate it....
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My ideas are not a recommendation to buy or sell.
Everyone has to do their own research
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