sal711

BTCU long opportunity

Long
sal711 Updated   
FOREXCOM:BTCUSD   Bitcoin
High risk ,a safe entry would be at 6520 shown is my setup ( the rays ) ,please let me know if my setup isn't clear to you, good luck traders, a like would be appreciated and follow me on Twitter for my own trades as I enter every idea I post and my own results if interested, I hope you make a great profit today and I will keep updating the ideas..
Trade active:
Ps: regarding the targets shown, as you go to the next targets the risk increases, two last targets are very high risk , good luck...
Trade active:
Also a strong known support resistance level is from 6600 to 6850 I would close at least half position there(6600) and don't forget updating stop loss as price goes up ,good luck
Trade active:
The price of 6520 never got triggered but entering at this level or wait for a better level is a great idea( dollar average) I believe this was a mini shake out and price is still going up just gave us a better entry however I would set SL right below the following support line just in case which is (following support line is 6345),I will keep updating in case of any new moves , a like would appreciated and good luck traders.
Trade active:
Ps: if you have any questions regarding the trade please text me here or on twitter and I would be happy to help out , good luck...
Trade active:
The forex chart isn't working updating for some reason price now is 6407 i was lucky enough to catch below ,, this range would be a good entry too ,, good luck
Trade active:
I believe we were about to witness some price action at this upcoming hour or two upwards.. will keep updating a like would be appreciated, and follow me on Twitter for my own gains as I enter every trade I post ,good luck
Trade active
Trade active:
Forex chart still not working for some reason start taking profit and ladder up a short
Trade active:
Bullish falling wedge
Note falling wedges works better on a higher times grams good luck..
Trade active
Trade active
Trade active
Trade active:
20 minutes to the hour 18:00....
Trade active
Trade active
Comment:
close 60% at 6450 up to 6510 and place your shorts in that range...good luck
Trade active:
Something I noticed...
Trade active
Trade active:
It might retrace so I closed 70% at 50 over the entry and my sl is at 6343 for the remaining 30% , good luck in case of hitting sl that's a short to the 6250 before bouncing back but have to get to that area to give a clear prediction about next move..

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.