i think now we have good opportunity to open long position with tight stop loss. I already have long position. And this idea is update of my previous with new take points. btcusd.
Comment:
stop loss depends of your exchange. for bitstamp its about 7300 (its my stop loss)
Trade closed: stop reached:
but i still holding long position. if price continue move down i close my position.
Trade active:
still hold my position. in my scenario we are in uptrend in wave 2. if we broke suppport level 6000 i'll close my position and wait for new uptrend wave 1.
Comment:
i moved my stop loss for btcusd to 5800. i noticed that we have this support level on other exchanges.
Trade active:
still hold long position.
