FUNTRADER-Vera

0805 BTCUSD: waiting for entry signal to long to 9k

Long
BITFINEX:BTCUSD   Bitcoin
Now following the clue that there is a broken trendline for BTC and it could probably going to finish its corrective wave 2.
We are now waiting for entry signal on 6.8k and expecting wave 3 up to 9k again.
What happen to that if we cant find out a entry signal around 6.8k?
We will check it again around 6.3k to see if entry signal round there.
Both positions are targeting 8100 as tp1.


Less is more!
Trade active:
This trade is active at 6850.
Comment:
Comment:
Quote"We will check it again around 6.3k to see if entry signal round there.
Both positions are targeting 8100 as tp1. "

Now BTC back to test 6300 again.
Need to see if there is any sign of entry signal.
And that first trade active at 6850 has a wide stop loss, so that lots size is a really small one.
Trade active:
The other half lots size entered at 6300.
Comment:
Comment:
Technically, btc on weekly chart will take a few weeks for a sideways movement.
And out two long trade entered at 6850 and 6300 are sharing the same STOP LOSS, 5800.
Once btc break 58k level, it will face a dramatical fall.

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