BTCUSD Short H1 for trend-following

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hello, yesterday drop came unexpected, we just had to keep a stoploss tight, and fix drawdown at 3790 levels.

Today, two of our robots opened about the same short order on BTCUSD .
It means there are double chances and we distribute risk management properly.

This time it's a trend-following strategy, where we catch a wave which is not finished yet.

Open a sell order in between 3720 - 3690.

StopLoss: 3929
TakeProfit: 3444

When the price comes to 3650, move stoploss to an entry point.

Remember to keep your money management for the whole account. Don't take a risk larger then you could lose.
Trade active: Currently, three of our robots have entries to short BTCUSD.
It means for us a lot higher statistical probability and stronger risk calculation.

We suggest taking partial profit at 3535, as this is our second target after 3650-3625 (a point to move StopLoss to break-even).
Comment: Welcome to join my educational BTCUSD signal:
Comment: Put a stoploss to break-even, and be ready to take a partial profit soon around 3550.
Trade closed manually: Trade closed in a partial profit at first target 3650 after a back-up.
Nice Chart!
+1 Reply
siriustrees PoopTrader
@PoopTrader, thank you
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