Formedzeus

looking to long

Long
Formedzeus Updated   
EIGHTCAP:BTCUSD   Bitcoin
looking to long soon, at this entry, seems its coming up soon too.
think asian wants a better price, to buy, then london follow to pump up.

USAjpy is dropping, hk50 and china all going up.
Trade active:
watch candle close, make own decision
Comment:
15m chart
Comment:
tp can be 15m candle close high, or our tp, or higher. make own decision.
mean while watch this candle close, to decide hold, or buy in or not. i like to enter on the dot, but isnt'recogmended for btc. moves too fast.
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i want to see our entry protected, not below it. i fnot i might let go for small loss
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setting a very small SL. slightly below previous candle wick low.
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it might pop down, then come back up again.
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still in it
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we want to see power soon, within 3 hours. judge yourself of the power. of the push. if not sell early if needed.
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2m left, on 15m candle, i don't like it. i maybe hold it, or set sl, below this 15m candle. 100x is too agressive. for this type of trades.
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cutting sl, 70% of previous 15m candle wick. all charts are now bearish, only 15m, is neutral now.
Comment:
buyers aren't market buying, seller volume weak.
buyers maybe pushing sellers to market sell the limit orders. to test support.

honestly after reviewing, i think this trade is pretty high risk.
not enough confluence. be cautious guys out there. , at least we in some nice profits now.
Comment:
14% now.
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if can't break 25731, likely it will go down, maybe hard too. careful guys.
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5m chart i want to see higher high soon, if not get out.
Trade closed manually:
small loss, maybe -2%
Comment:
wont' risk it, looking like a dump and pump. it will high sl. rather not F with that. better rebuy at a better entry
Comment:
market buyers not buying.
only sellers. and we still bearish on most time frames. best exit early this trade.
Comment:
2nd down, they did pump it, but yes, why i left trade, it didn't hit tp. felt abit weak.
it did bounce without hitting sl, to about 2/3 of TP.

exited almost at break even.
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if this close is higher higher im out. as likely to pump to higher price
Comment:
out

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