Reveres cup and handle forming, SMA cross, bearish triangle forming, below 200 SMA down trend, in Ichimoku Turbulence, right on 50% fib.
Play: Enter short on break of triangle for 5%, TP at 5%, SL risk set just above the triangle. If we break out top of triangle this trade play would be considered obsolete.
Trade closed: stop reached
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Trade was never triggerd....... boo hooo it would of been a good one :)
Comment
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its looking like a long setup might be coming soon, we are smashing out of the bearish setup and heading to above the 200SMA to signal bull trend.
Comments
UnknownUnicorn942585
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btc isnt making anysense rightnow
console
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@RAKIM, seems that way hey :( This looked like a solid setup at least our confirmations never triggered so we didnt loose cash :)
realSatoshiNakamoto
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Unlucky...going long
console
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@jostitrade, Im waiting for a good long setup, i really thought this would o played out, trade never triggered due to it not compleatling triangle :( :( lol