BTC Touching bottom of channel - BTC Long

13 Tem 2019

A drop below the channel I would see as breaking down so have the stop set quite tight - Stops and TP in the drawing

13 Tem 2019

Not

I'm starting taking a much more structured approach to my trading (including actually tracking my thought process)
I usually focus on the chart and don't give a huge amount of weight to the RSI/TTM Squeeze momentum, but is helpful in confirmation.

Not 100% confident in the trade due to sitting just below a resistance point and only two touches on the channel lower bound (hence the tight stop)

Would appreciate any feedback

15 Tem 2019

İşlem kapandı: durdurma seviyesi

Quite clearly stopped out, if we get a more solid bounce off this resistance (in yellow) I'll be looking to tentatively go long but not looking great at the moment

16 Tem 2019

İşlem kapandı: durdurma seviyesi

Support quite clearly breached