CoverchefsFX

BTCUSD 15M Chart Analysis Swing Trades!

CoverchefsFX Updated   
BITSTAMP:BTCUSD   Bitcoin
Play the chart with simple rules:
Buy/Sell into entries when the candle completes above "Long Entry", or when candle completes under "Short Entry"
Have small stop losses (10-15 pips) in order to not encounter a fake out (goes above our entry line and goes back down for example)
Play with 2-3 positions when going into a trade, Take first 1 out at TP1, 2nd one TP2, 3rd one try and let it run to TP3 and create its stop loss @ TP1 to lock in profit no matter what happens.
Comment:
ALL LONG TP'S HIT, Im insane

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.