Tradingthechannel
Short

BTC/USD Short order on 4H Chart

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin is struggling to go higher and as long as we do not make a new high above $8500, we have a short order at $7650. The price has broken the upward channel and after some range trading it looks like the market is ready to break lower. We will stick with the trend if we enter and will only exit if our trailing stop is triggered or if the trend change according to our 3CTIS system.
Trade active: Our first profit target was reached, Closed half our trade, move stop loss to entry which gives us a guaranteed profit
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