bagofXMR

Bitcoin short term back to trendline

Short
bagofXMR Mis à jour   
BITSTAMP:BTCUSD   Bitcoin
26
Easy quick short.
Entry 1820
SL 1838
Target 1730-1708 range

It retested downwards trendline. It retested breakdown level from the secondary broken trendline. It built a bear divergence in both RSI and MACD in several TF's.
Probably heading down back to the next trendline.
Commentaire:
I had missed this potential head and shoulders about to get confirmed (we need to break neckline to confirm) that points take profit just to the trendline.
Commentaire:
Head and shoulders completed.
Targeting the trendline.
Commentaire:
As i have to go i placed a partial (33%) stop in this trendline. that way if everything goes against my position while i'm out, i will not loose anything. A "free trade".
Trade fermée: cible de profit atteinte:
Easy trade.

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