BTCUSD: Buy breakout

BITSTAMP:BTCUSD   Bitcoin / Dollar
1657 7 34
The cryptocurrency has already broken out of the recent corrective structure it was confined to and now looking for a break above the immediate down trend which is seen as a larger degree correction of the main up trend, this would see the cryptocurrency heading towards $700 mark within a few days. An end of this corrective structure would result in a resumption of the main up trend and we should see it soaring towards new highs and nearing the all time highs around $1100.

IMPORTANT: The setups posted here are not trade calls or signals and are intended for guidance purpose only and you should use your own strategy to determine entries and exits. They reflect my general view of the market and does not mean you should take the trades without a proper trading plan or strategy, If you would like to get all my setups together with exact entries and exits with please visit http://www.thepiphunter.com and subscribe.
Comment: weekly picture
i cashed out @ 604 still struggeling with the order entry http://bit.ly/bitcointrade123
no take profit function and no order limits possible/ any advice where i can trade btc in mt4
too bad, there are plenty which I am aware of like instaforex, avatrade, markets, fxchoice to name a few
+1 Reply
AkashGaur PRO piphunters
hey how is instaforex as a brokerage? havent really heard any good things about it so curious to know if youve had any kind of experience with it.
piphunters AkashGaur
their support is not so good but trading services are ok to me
I'm interested to know more about your service. Can you tell me what analysis methods you employ, and if I can see some past history of your P&L. Thanks, P
drop me a mail contact@thepiphunter.com
Are we starting a wave 3 of EW?
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