BTCUSD Market Structure Analysis

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Resistance can be a good selling point
R/R: 3

if you have your market view, please share it in comments
Also you can ask me questions...
Have a great day everyone!
Trade closed: target reached
Why did you close? The bottom is still down around $9.4k or many lower. We are up 18% on this trade!

+1 Reply
ErfanFalah jollygreen
@jollygreen, There was a support line there though it was possible to break it but I preferred to save my profit.
+1 Reply
jollygreen ErfanFalah
@ErfanFalah, Ok great! It is good you had a plan to get out and secure the profits! Well done and nice trade!
+1 Reply
ErfanFalah jollygreen
@jollygreen, thanks bro
ErfanFalah jollygreen
@jollygreen, thanks for sharing your view
Birdresettrader Birdresettrader
@Birdresettrader, wow My indicator still works well.
+1 Reply
mikenz Birdresettrader
@Birdresettrader, 3 hrs ago when the dump already happened. great "fore"cast. good luck selling that "indicator".
+1 Reply
@mikenz, My impression was that his buy indicator is the green flag just above the Aug marker, and the sell indicator was red flag in line with aug 7. If that impression is correct then his indicator seemed to work well for this cycle.
+2 Reply
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