LuisLizama

BTCUSD Trade scenerio! STOP FOLLOWING BAD TRADERS

BITFINEX:BTCUSD   Bitcoin
Alright before I give you guys my trade setup, as well as exits and entries. I really want to point out the fact that a lot of these TOP traders are absolutely horrible, especially the ones that only indulge on the crypto hype! If you look at there profiles and go through their history they almost always get trades wrong! Now I recommend you guys go through my trade history and signals to see that I have been right about 70-80% of the time. The evidene is there people! Dont follow BAD traders that simply post to post or for popularity.
Now for my trade setup we will be using this simple price action support and resistance shown on the chart. If we get a RED 2 hour pip near the resistance I recommend getting out as soon as you can, as I believe BTCUSD will drop down to the lower black level support. Now if we break the resistance we will almost without a doubt see BTCUSD test out and try to break that previous HIGH.
The trade is simple because KEEP IT SIMPLE STUPI*. Dont ever over complicate your trade. Use simple and easy indicators and learn to analyse them!!!!!
Good Luck friends! Like and support!

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