Remind

BTC Early Breakout? Or False Breakout?

Long
Remind Updated   
BITFINEX:BTCUSD   Bitcoin
BTC May be breaking on the upside sooner than expected.

This is showing some strength. You can buy this breakout or wait for the small pullback.

We will keep our stops tight just right under the last flag. This is a higher risk trade perhaps use a smaller position size and scale in once we get more confirmation.
Comment:
forming a bullish flag structure
Comment:
Set stops at 9414.
The flag looks like it can break.
Remember Money management first.
Comment:
I Have sold my position at break even.

We now have a flag structure so we can do a Stop Buy order above the flag
Set stop buy to 9740

Trade closed: stop reached:
Stop at 9690 reached under the flag loss of 50USD / btc.

We are likely heading down. This is forming a corrective structure
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