BTCUSD short

21 Ağu 2017

looking at the momentum shift here in BTC.
I think its very possible we see a down turn to T1 and then either bounce to continue strong uptrend, or rollover to T2.

Due impending upward pressure and money shift to BCC and the past "runaway" train movements on BTC i believe we could be in for a major adjustment / consolidation following a head and shoulders pattern.

I have gone short on BTC
stop limit: $4215 usd
target 1: $3450 usd
target 2: $2850 usd

once head shoulders breakdown confirms at $3850 usd I will be moving my stop limit down to my short entry point of $4100 usd to produce a no risk short.

stay vigilant and be sure to do you own research to make decisions on trading as this is simply and idea and isn't trade advice or encouragement

regards
the trading tradie

22 Ağu 2017

İşlem aktif

STOP MOVED to $4000 usd.
this will ensure small profit and no risk trade
TARGETS still remain

good luck ladies and gentlemen!

22 Ağu 2017

İşlem aktif

I'm watching very carefully right now, hopefully small uptrend reverses however it isn't looking likely

28 Ağu 2017

İşlem kapandı: durdurma seviyesi

late update

stop was reached after BTC almost hitting T1
as stop was rolled down trade was closed still clearing a profit
succesful trade