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bman999
Feb 7, 2019 5:45 PM

Long BTC Long

Bitcoin / U.S. dollarBitstamp

Description

Simple straight forward falling wedge breakout trade given the absolute low volatility at the yearly and multi month block supports for BTC makes it a perfect Risk:Reward setup.
Take profit points : 3750 3850 4100 4250 4400

Trade active

Falling wedge breakout.

Comment

Stop moved to 3600 while partial profits taken around 3700 resistance rejection.

Trade active

3850 reached. Next 4100

Trade active

Target 4100 reached. Next target 4200, however a retracement might be likely.

Trade closed: stop reached

Trade stopped out at 3995
Highly profitable long venture.
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