AdamIdris
Long

BTCUSD - Entry Setup Appeared

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Chart Analysis:
1- Uptrend channel - VALID
2- Downtrend channel - EXPIRED
3- Tenkan > Kijun - VALID in H4 chart.
4- Price vs Kumo - Sideway in Daily chart / Downtrend in H4 chart / Uptrend in H1 chart.
5- Higher low in H4 chart - VALID since 22/12/2017

Trade Idea : Long entry setup has appeared in H4 chart but not a strong long entry. May take a trade with SL according to own MM.
I take responsibility on my own trade.
Comment: Update base on new structure..

Comment: Overview on Daily Chart.

Trade closed: stop reached: BTCUSD breakdown triangle. Stop reached. Now BTC in downtrend in Daily/H4/H1 chart. Looking for retracement for short setup.
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