MagnusTradingGroup
Long

Trade idea: Bullflag + Stop Running Opportunity

BITSTAMP:BTCUSD   Bitcoin / Dollar
A typical bull pennant with diminishing volume at the end.

Whales might try to run the stops bellow 372 in a very sharp move.
This trade idea becomes invalid once price reaches the apex of the pennant without any significant action.

Good ideas
+1 Reply
Thanks man ! : ]
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thanks
+1 Reply
Thank you!
+1 Reply
There is a similar setup but on a larger scale on the daily...same in the futures, but with a larger range. Huge 1 week contract volume at okcoin.com
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Moving according to your layout, cool.
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