RookieXBT
Long

BTCUSD Bull-Pennant setup : Dec 18th

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
15min time frame showing a Bull Pennant for BTCUSD , indicators have cooled off since yesterdays run up
Dec 18
Comment: Target = REACHED

Comments

There was also a 'bull pennant' on Dec 01, and then look what happened.
+1 Reply
mjtrustme vibrate
@vibrate, This pennant is different, we had correction and both macd and rsi is reading positive energy. Buy on upside of pennant to be cautious.
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vibrate mjtrustme
@mjtrustme, Good call :)
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mjtrustme vibrate
@vibrate, thanks buddy. BTC may have seriously started some but it's to early to tell.
Reply
Great charting brother! Target reached
Reply
RookieXBT mjtrustme
@mjtrustme, thanks man! Just getting used to TradingView, pretty neat.

Nice little trade :)


Good Luck
Reply
How's that for a breakout!

Trade had a great R:R, stops moved, let the rest ride :)
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Yes we are in a bull pennant on several charts, go see my chart on zrx as well.
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