MagnusTradingGroup
Long

Bullseye candidate: OTE Long

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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3
759 10
Buying at OTE level

... I know , I know my stops are always too tight ^^
Define OTE please, thank you.
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PaulAnthony IvanLabrie
optimal trade entry
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IvanLabrie PaulAnthony
That's a pretty flashy term :p
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Then down?
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johnrfraser MoonTrader
I have the same question...buying at this level to then short from point B of the ABC correction down to 215 as per the previous post...is that the idea?
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correct !
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johnrfraser MagnusTradingGroup
Woohoo! :-)
Once we get back up to high 200s how can we be sure that this hasn't just been a retrace running into a larger level 3 impulse upwards (ie why is this journey to 260 not wave 1 to 2, but the first leg of a deeper abc)?
Thanks a lot
+1 Reply
johnrfraser johnrfraser
...fyi my chart:
+1 Reply
And out.
+1 Reply
fastest stop-out ever xD
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