BTC Breakout Imminent

25 août 2019

The 4hr RSI and PA shows a clear Parabola Coming down from above, but the Daily PA also has a Parabola beneath it. Volume Decreasing. Range Tightening. Volatility Incoming.

On LTF we are also moving inside of an Ascending Triangle, and inside of a second Mini Parabola. I favor a break of the Parabolic Resistance thus my Bias is Bullish for the upcoming Breakout out of the Apex.

My Stop Loss for this Trading Idea is around 9840 XBT/USD

25 août 2019

Note

RSI Res and D-Parabola Smashed.
Swing TP1 around 11.2
Swing TP2 around 11.7
Swing TP3 around 12.5
Scalp TP around 10440ish & 10700

25 août 2019

Note

Stop Loss moved to Breakeven around 10.1K

25 août 2019

Trade fermée: ordre d’arrêt atteint

Got Stopped out at Breakeven.
Reentered at 9970 Small Size High Leverage Long
If Price bounces I will start to build a kid term short position.
If price fails to bounce and breaks 9970 Support I will look to add a momentom short stop order at 9800

25 août 2019

Note

Added to long @10040
Watching PA closely for confirmations before adding more
Still bullish until we break and close beneath Daily Parabolic curve

25 août 2019

Note

Update Currently In Longs from under 10K. I set the SL at 9840 XBTUSD as it didn't break and will go to bed now. After getting stopped out and not taking profits on the fake out I overtraded slightly and took stupid positions.
Fomo is Real. LeRnInG by DoInG TiMe & TiMe aGAiN

26 août 2019

Note

Played Out! Well
Scalp already closed both TP Targets and Swing is still in Play

I will be looking to buy the dip from here on if the daily holds the breakout price upon closing