Formedzeus

long

Long
Formedzeus Updated   
EIGHTCAP:BTCUSD   Bitcoin
looking interesting for this trade on 40x long. if candle close higher then previous low, might be worth the shot for UK/usa to pump it.
loss will be 20% approx, nice RR
Comment:
best see if it holds first, 1hr or 15m time frame. don't jump right in for this trade. im not in. but also will take a break today. got other work to do in office.
Comment:
any 1hr close under 26930, don't enter
Comment:
looks like its about ot break it, 32 mins left for 1hr close. careful maybe just put a buyer stop market order on our entry.
yes you lose %, but at least more safer
Comment:
or another way, go on 15m/5m, if any nice pump, enter it on candle close
Order cancelled:
i think too risky, lower time frame looks like about to break down
Comment:
1hr looks good, im not going to trade it, 5m left on 1hr candle. up to you guys. just be more conservative. so far, 27k seems pretty strong
Comment:
wow, that stop market order would have been a great trade, didn't enter it.
i think i will only look for a break out trade. at this moment, if not i rather not, esp trading 100x

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