Hiubris

Big Bullflag forming - Breakout comfirmation for wave 4 (8800)

Long
Hiubris Updated   
BITFINEX:BTCUSD   Bitcoin
We have just broken out of a symetric triangle, comfirming the uptrend until the 8800-8900 inside the bullflag
I think the last wave (5) at 7700 is a very good mid-term LONG entry. Short-term you can play the 8800-7700 short move.
A cleaner look in the link below
Trade active:
SHORT target hit: 10% profit
LONG target: NOT hit

Showing alot of signs of Bullish momentum, Short term take-profit on the LONG should be around previous SHORT entry (green box)
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.