I've also listed a second stop loss for those more willing to take on more risk.
Seeing a head & shoulders pattern on the 1hour time frame, and although we've seen a nice bullish move in the previous couple sessions it seems like the price cannot hold. We're seeing volume just gradually dissipate. When we observe the price break under the listed entry (6448) we'll enter short!
Have a fantastic weekend everyone!
Order cancelled
⋅
Never entered short, didn't hit our entry! What a move though!
Trade active
⋅
Looks like its happening after all! Ended up creating a flag and broke down. Stops above previous resistance and take profits around 5300-5400 levels!
Comment
⋅
Comment
⋅
Red is stop Green is TP Blue is entry
Comment
⋅
Nice profit so far!
Trade closed manually
⋅
Closed at entry for breakeven! Bitcoin never fails to surprise!