Breakout attempt and retest upper boundary. This is normal of a breakout- BUT notice the LACK of BULL volume associated. Be very cautious here also resistance above at $15,000. I would wait and see, if can break both upper boundary and $15,000 then short term entry LONG
Trade active
Trade closed: target reached: not trying to get rich on this one- just a hundred dollars I'll take it
Trade closed: target reached: *few hundred

Comments

can i ask your short and long target?
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@kingofmilk, sorry for late response.

for LONG my first target was the local swing high at point B approx $16,000, second at ATH around $17,000

Stop loss was below the setup reversal candle at point E


Remember always uses areas of support and resistance for targets and stop losses. Percentages will dictate your risk: reward and give green light for trade entry. But the actual targets and stops should always be placed via support and resistance.


What ended up happening real time- is I saw a profit taking wick and Harami Cross start to form just above $15,500. I think the move maybe hit around 15650 or something. I exited within 1-2 hr around $15,450. So much volatility I wasn't willing to hold for too long- but I think it hit >$16K shortly after. Braver than me ;) Good luck
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kingofmilk DigitalMoneyTraders
@DigitalMoneyTraders, nice thank you ! hope to see more great chart from you :)
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