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TradewithLu
Aug 8, 2019 2:01 PM

#BTCUSD Short Term Trade Opportunity (Buy)  Long

Bitcoin / DollarBitfinex

Description

Action: Buy at Market Price between $11665
Stop Loss: $11371.5
Take Profit: $12269.3
Order valid: 1 hour from publication

I am not taking this trade as I am still long from the previous post. This is just an idea although it is quite risky in my opinion.

Disclaimer: This material should not be the basis for making investment decisions, nor be construed as a recommendation to engage in investment transactions, and
is not related to the provision of advisory services regarding investment, tax, legal, financial, accounting, consulting or any other related services, nor is a
recommendation being provided to buy, sell or purchase any good or product.
Comments
sindhu04
hope we will get the target soon
TradewithLu
@sindhu04, You can raise stop loss to $11450 (This is just my opinion using Elliott Wave though) Best of luck
sindhu04
@TradewithLu, cool I will go for a trial..lol..thank u..x
TradewithLu
@sindhu04, If you want to be even more cautious, and protect your capital, take profit now and wait for a bullish candle to close as a signal to re-enter (not financial advice as always, just my opinion)
sindhu04
@TradewithLu, thank you ever so much. I am new in this crypto space and learning slowly. I have few hundred dollar worth etc and I was waiting for the 12000 range. I will wait. have a great day. ta x
TradewithLu
@sindhu04, You're welcome, glad to help out
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