TradingView
Tbjbu2
Jul 12, 2020 3:57 PM

Generational Long Opened #1 Long

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

If this long fails I'll try again. High timeframe thesis is near-certainty. 16-17.5K is coming.

Comment

Update: stopped out and then reentered on the wick down, proof: (overall still in the trade then)
t.me/tbjbu2trading/3869

Here is how (why) I longed it:
- I expected it to be a scam wick: we have been having a lot of those lately & target is clearly 17K.
- It consolidated below the last low which was bullish, so I added a conditional market long order above it because that would pretty much confirm a failed dump = scam wick = bear trap.

Comment

Forget to update, exited this with small profit, looking to make a sequal post soon.

Comment

New long:
More