Bitcoin
Updated

Halloween Special $1000 profit trade (XBTUSD)

1404
We have a huge triangle that formed over the last couple of weeks. Once we break out of it I think at least a $1000 move in either direction is coming.
Good Luck and don't forget to add your stop once in the trade!!!
Note
Correction on the short price entry. It is $5590, not $5690
Or better yet when triangle is broken
Note
Long trade triggered
Note
If you did not sell any contracts consider selling 1/3 or 1/2 depending on your strategy between $6200-$6400.
Move stop on the rest to break even at $5900 (the $10 difference than entry price covers commissions :-))
Note
Move stop to $6200
Note
Target hit!!!! Trade closed!
+$1000 +$1000 +$1000

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