I think it's a Bounce... yup a Bounce

Been waiting patiently for almost 2 weeks waiting to see some sort of a bounce or Bull Trap. I think this is the time and it won't take us out of the woods, but any pull back should make a higher low.

Get BULLish for a week or two...

Commentaire:

This trade is nearing it's target, but as time as moved so has teh target. The 200 SMA was the target primarily and that price level has moved down a bit. Right now I would think about taking profit at around $10,150. There does seem to be quite a bit of strength still left on the higher time frames that we very well could see a future setup to get to $11,500 zone.

Trade fermée: ordre d’arrêt atteint:

Ok the LONG margin position is closed and am sitting in Coin waiting to see if there is a pull back on the next 4h candle or if the Daily momentum is enough to carry us all the way to $11,200 zone.