[BTC] 4H Up trend

Here comes solid bounce, let's see how far this can go.
Entry: 7,968
Stop lostt: 7,674

Comment:

Took profit around 8,130.
See how it goes around 12EMA to determine if long again.

Comment:

Looks like BTC is holding 4H 12EMA.
Add long position: 8,080
Stop loss: 7,763

Comment:

Back to moving average, see if BTC can hold 26EMA on next 1 or 2 candle. If not, I'll close long position with minor lose on this trade, knowing BTC is more like sideway on this trend.

Comment:

Tightening range, prepare for break out.
Stop loss: 7,966.

Comment:

Took profit around 270.

Comment:

Did some (dangerous) short trading above 8,300, but the gain is not much, and I feel it's not worth the risk.
Now empty position again, waiting for BTC to pull back to 4H 12EMA.

Comment:

Possible losing hourly up trend, keep watching.

Comment:

Empty all position, watch closely for 4H 12EMA bend down.

Comment:

4H 12EMA up trend continues, reload long position:
Entry: 8,740
Stop: 8,620

Trade closed: target reached:

This is a prolonged 4H up trend, close this thread, I open another thread to record my trading idea.