ItekSignal BTCUSD Long Entry .... but wait

Jan 5, 2018

Iteksignal indicator alerted to go Long today.
In this case, be careful that there is a resistance level nearby that must be broken so that the signal is valid.
So, the entry point is above 15500 not above the signal bar as usual.

The signal is void if price goes down below the low of the signal bar.

Consider this rule everytime the signal bar is close to a support/resistance zone.

The indicators does not replace common sense nor good trading practices.

See you in the next chart

Jan 5, 2018

Trade active

Now the Iteksignal is a Valid Trade

Resistance was broken

Iteksignal alert trend continuation Signal to confirm the previous one

Jan 6, 2018

Trade active

This is the profit projection of the BTCUSD trade
the ab=cd structure is completed right in the all
time high price level.

I will take partial profit at that level and adjust SL at last swing low.

Let`s see what happen !

Jan 8, 2018

Trade active

The trade is in progress.

Look at the 2 Iteksignal signs indicating the pullback
they could be used to make a small profit 1:1 and then re-enter.

I chose to wait for TP1 or be stopped out.

This is a crypto trade

Until next update

Jan 9, 2018

Trade closed: stop reached

We were stopped out.

But, Iteksignal issued a reversal Signal.

Are you in the market again? Why not?