BITCOIN BUY setup
Buy BTCUSD above 3785 upon breakout
T1: 3870
T2: 4000
T3: 4120
T3: 4290
SL: 3680
T1: 3870
T2: 4000
T3: 4120
T3: 4290
SL: 3680
Trade active
Trade closed: target reached
T1: 3870 achievedNote
Trail SL to 3845Note
Trailing SL to 3845 after observing a double top with bearish divergenceNote
Forming ascending triangle. We still maintain our trailing SL at 3845 after observing a double top with bearish divergence
Note
T2: 4000 achievedTrade closed: target reached
T2: 4000 achievedTrail SL to 3940
Note
Missed T3: 4120 by $20.Made a high of $4100 so far
Trade closed: target reached
T3: 4120 achievedNote
Trail SL to 3980Note
Missed T3: 4290 by $20 Made a high of $4270 post breakout
Trade closed: target reached
T3: 4290 achievedALL TARGETS HIT
Note
formed an inverted head and shoulders and given a breakout. We can expect it to go up to $4350 Note
As expected it made a bullish move and made a high of $4347.20 very close to our expected level of $4350Note
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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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.