Long

Updated

BITCOIN BUY setup

Buy BTCUSD above 3785 upon breakout

T1: 3870
T2: 4000
T3: 4120
T3: 4290

SL: 3680

Trade active

Trade closed: target reached

T1: 3870 achieved

Note

Trail SL to 3845

Note

Trailing SL to 3845 after observing a double top with bearish divergence

snapshot

Note

Forming ascending triangle.
We still maintain our trailing SL at 3845 after observing a double top with bearish divergence

snapshot

Note

T2: 4000 achieved

Trade closed: target reached

T2: 4000 achieved

Trail SL to 3940

Note

Missed T3: 4120 by $20.
Made a high of $4100 so far

Trade closed: target reached

T3: 4120 achieved

Note

Trail SL to 3980

Note

Missed T3: 4290 by $20
Made a high of $4270 post breakout

Trade closed: target reached

T3: 4290 achieved

ALL TARGETS HIT

Note

formed an inverted head and shoulders and given a breakout. We can expect it to go up to $4350

snapshot

Note

As expected it made a bullish move and made a high of $4347.20 very close to our expected level of $4350

Note

Made a high of $4349, $1 away from the expect level. However we did not have any position and booked complete profit at $4290

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