JackTz

Long, but smells like a bull trap

Long
JackTz Updated   
COINBASE:BTCUSD   Bitcoin
Hi all and welcome to my first post here on TradingView!
I have been a trader for the past 10 year (mostly on Forex) and have never been posting on a forum until today so i am quite excited to tell you guys my thoughts on this famous Bitcoin!
So we have been shorting the market for a small amount of time but now it seems to have regained some green momentum. Although it smells like a trap! So be warned - this might only be a short burst and then the real Bears will take over. Only time will tell.

Follow along if you are intrigued!

All the best, Jack
Comment:
Just to clarify, the buy signal we see today is only valid until the candel closes which will be in a couple of hours. :)
Comment:
Good morning everyone! The candle closed in the upper position making the signal VALID! Yay!
I still feel the bear lurking nearby so have a stop-loss ready. Always have a stop-loss ready ofcourse but since this is in the early stage of a new signal I like to watch bear movements even more closely.

Best regards
JackT
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