alphahound777

Another bear pennant BTC/USD

Short
BITSTAMP:BTCUSD   Bitcoin
One more time. The last one worked nicely - I’m shorting right here with a stop loss above the upper pennant border. There’s a lot of strong support around these levels though so a stop loss is important, as a bounce off support is always possible.
Trade closed: stop reached:
Stopped out and into a long position at 9075. Now using the previous resistance line as a stop on my long position. Will look to exit the long around 9500-9700
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