harryexe

Btc broke 7300 resistance and Bullish Flag

Long
harryexe Updated   
BITFINEX:BTCUSD   Bitcoin
It broke 7300 with volume and is now printing a bullish flag. Continuation is expected. SL and TP are indicated. 0.5% risk for this trade as it is in a downtrend.
Trade active
Comment:
I would scratch out of this trade here now with a profit since the candles after the break are still short and compressing, volume is decreasing.
Trade closed: stop reached:
Well my hunch above was right, made that call when it was at 7500. If we had stuck to the discretionary trade, it would have been + 0.5%, if not -0.5%

Equity now
Discretionary: 4.025%
Planned: 3.025%
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