BTCUSD long setup

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
BTCUSD just broke out of the symmetric triangle pattern
Target 1160
SL 1018
Comment: Bought at a pull back @1060
Comment: Moving my SL to 1079
Comment: Current market price is 1097. I have reduced my target to 1100.
Symmetric triangle length is 60 USD. So a reasonable profit of 60 USD can be expected from the point of breakout (1040).

I am still bullish about BTCUSD and confident about 1160.
Comment: A pattern similar to megaphone pattern is being observed on 5 min chart. Expecting a breakout again!

Comment: moved my SL to 1090 and target to 1115
Trade closed manually: Trailing SL hit at 1090
Booked a decent profit f $30 (from 1060 to 1090)
Comment: target 1160 hit on Apr 04


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