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MagnusTradingGroup
Nov 30, 2014 6:17 PM
Trade idea: Bullflag + Stop Running Opportunity
Long
BITSTAMP:BTCUSD
60
Bitcoin / U.S. dollar
Bitstamp
Description
⋅
Nov 30, 2014 6:17 PM
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.
stop
RUN
Bullish Flag
fakeout
trade
IDEA
LONG
buy
Comments
IvanLabrie
⋅
Dec 1, 2014 12:46 PM
Moving according to your layout, cool.
Nelty
⋅
Nov 30, 2014 9:29 PM
Thank you!
RWSINC
⋅
Nov 30, 2014 7:58 PM
thanks
khoilevt
⋅
Nov 30, 2014 6:30 PM
Good ideas
MagnusTradingGroup
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Nov 30, 2014 6:31 PM
Thanks man ! : ]
IvanLabrie
⋅
Dec 1, 2014 3:04 AM
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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