Bitcoin - Exhaustion Gap

17 nov. 2019

Trade 1:
Side: Long
Entry: 8381.0
Strop Loss: 8317.0
Target: 8864.0
RR(BTC): 5.83
RR(USD): 7.55

Trade 2:
Side: Short
Entry: 9009.0
Strop Loss: 9221.0
Target: 8121.0
RR(BTC): 4.42
RR(USD): 4.19

The current state of all November trades can be found in the following spreadsheet:
docs.google.com/spreadsheets/d/1c_i0ihpXUBumntv8EORSHFwHNdoYwTo8VJbRrDpuOig/edit?usp=sharing

This Post will be updated any time a trade is added/cancelled/changed/opened/closed.

|O.o|

17 nov. 2019

Transaction en cours

Trade 1 Open

18 nov. 2019

Note

Potential drop to retest support at 8350, indicated by 1.272 extension of recent bearish move, and intersection between fib time zone and fib speed fans (green star). Stop loss unchanged.

Trade 3 Added:

Trade 3:
Side: Long
Entry: 8357.0
Strop Loss: 8317.0
Target: 8864.0
RR(BTC): 9.01
RR(USD): 12.68

18 nov. 2019

Note

Potential support of hourly BB midline on 77 SMA (orange), which would occur on key fib level at alternate placement.
Support zone (green) has not yet been breached.
Entry at furthest point of BBs above 1.272 extesion of fib placed from initial high to initial low.
Stop loss below demand zone and long term fib speed fan.

Trade 4 Added:
Side: Long
Entry: 8434.0
Strop Loss: 8409.0
Target: 8864.0
RR(BTC): 10.81
RR(USD): 17.20

18 nov. 2019

Note

Long 4 Cancelled, hourly BB midline through 77 SMA

18 nov. 2019

Transaction en cours

Trade 5 Open:

Trade 5:
Side: Long
Entry: 8422.0
Strop Loss: 8409.0
Target: 8864.0
RR(BTC): 16.53
RR(USD): 34.00

18 nov. 2019

Trade fermée: ordre d’arrêt atteint

Trade 5 Stop Reached

18 nov. 2019

Transaction en cours

Trade 3 Open