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HyperionAllied
Jan 29, 2018 4:09 AM

MTH/BTC small cool off before bigger upside Short

Description

Continuing on from my previous idea with re-entry.

Comment

Trade active

Dropped a little below the fib due to btc going down but didn't trigger stop. Volume still good trade still good, remember to keep a stop loss and trade safe.

Trade active

Still trading between the 0.618 and 0.786 fib so this trade remains active. Because we got such a long wick on the breakout and btc volatility this retrace seems okay now. Just keep an eye on btc as the market is still in limbo.

Trade closed: stop reached

Wave 1 has not been violated yet but btc volatility will sure try, closing this trade until that changes.
Comments
UnknownUnicorn1182588
could you update?
arisgrc1
Any update on this one?
HyperionAllied
@arisgrc1, Currently in buy zone but i dont like how quick we retraced to the fib. I'm going to wait til see how this one pans out.
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