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Le_Halimou
Aug 11, 2018 3:14 PM

SCALP - ETPUSD - Possible double top - 36% short ? Short

BITFINEX:ETPUSD240

Description

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Yoooo shaggerz,

I'm still very bullish on ETPUSD. But as many calls it, it might need a correction. Or not...

Anyway, I've identified a potential double top pattern forming on ETPUSD.

Of course pattern is playing out, and is not finalized yet. Invalidation point is breakout above the top line.

Beware tho : NEVER SHORT ETP' someone wise said !
NOT TRADING ADVICE

Trade active

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First target reached

Comment

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Not sure it will reach target 2 tho. I guess the drop is due to the market drop that pulled it down :)

Trade closed manually

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First target OK

Second target NOK

Haha this is crazy !
Support and ResistanceDouble Top or BottomDouble TopETPUSDgiantcitadelhqBESTETPtrader
Comments
JJFF21
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I posted this few days ago, hope it helps
Le_Halimou
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@JJFF21, Good job man ! Beware tho, manipulation is not over. Some people in my team identified some good fundamentals...

+ the double top neckline holds very well ! Anyway, thanks for sharing, and good luck. :)
JJFF21
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@BobFlynn, Some people identified good fundamentals in Bitconnect ! Joke appart, in this bear market, a behaviour like ETP/USD is very likely to be a pump and dump, but not always that is true.
Anyway market will decide, if i am wrong i will come back to humbly congratulate you.

Good luck and happy trading :)
Le_Halimou
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@JJFF21, Yeah man, ideally you would take profit on your short, and i'll do on my long. But look at the last move, this shit is clearly not predictable haha !

Stay safe
UnknownUnicorn2421992
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Absolute Genius
Le_Halimou
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@Wacc, Thanks WACCy
Akaa001
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HEllo

any news about ETP ? bec the price just go up up
Zullyy
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Hai bobflynn, nice chart baby whales
teppi020387
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Hi @BobFlynn The market go down some days recently but ETP alway go up. I think ETP is still strong bullish, It can break the previous top (2.62$) when BTC go up in next week.
Le_Halimou
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@teppi020387, Hi mate ! Yeah you're right !

As mentionned i'm still very bullish on ETP, but if it fails to break previous top, then this idea could play out. It's a possible scalp, I don't know if I'll get in tho :)
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