Imperator_Trading

Bitcoin time to close your eyes and say goodnight sweet dreams

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Don't believe what they tell you
Comment: Bull div on 4hr chart, take some profit if you shorted the breakout.
Comment: Looks like classic bullflag+ fake breakout + full retrace on the 5 minute chart, be careful
Comment: Yep, if anyone shorted the breakout and still has it open I would move your stop to the high around 7k. You can probably close lower. Most often with this fake bullflag breakout pattern I would expect a full retrace into the breakout long zone to flush out breakout traders.