RimmerDall
Long

Trade Journal Entry (short term)

BITFINEX:BTCUSD   Bitcoin / Dollar
178 1 0
Text on chart. Borrowing this idea from incrediblecharts.com

Edit: Apparently BFX doesn't have exchange OCO             orders, so I will set a stoploss, no TP, and set a price alarm.
Took profits (switched to fiat) at ~$522 after noticing a doji had closed on the 1hr at the very top of the fast channel and midline of the medium channel. Confirmation for the move was: a 15m ascending triangle/double top had formed with rsi bearish divergence and broken to the downside.

snapshot


Also very important is that I noticed a 4hr situation directly opposing my 1hr trading idea:

snapshot
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