MoralidadMX

BTC LONG 8H - Eve and Adam double bottom

Long
BITSTAMP:BTCUSD   Bitcoin
I've got this long set up for an Adam & Eve double bottom on BITCOIN, it has a 12.3% chance to failure in a BULL Market, so it has a higher risk in a Bear Market. It's located right above the 300W EMA. If it breaks above properly then you'll get a great trade.

Chance of failure: 12.3%
Long Entry: 21868
Stop Loss: 20923 or 1.5x ATR on the 8H
TP 1 (85% of hitting): 23400
TP 2 (69% of hitting): 24978
TP 3 (48% of hitting): 28202
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