Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Well, I'm happy with this reaction since I wouldn't be so optimistic with BTC for the rest of the 2019 if we had broken 9k. Anyway, I would expect some resistance at the W resistance I draw, and expect a monthly closure > 13.8k to look for higher ranges. The bullish orderblock worked fine, and I expect the bearish to do so, since it would be the last path to higher highs. The 2 Daily candlesticks are cool, but 10.8k is a good resistance too since its July open. Wouldn't be surprised by a minor pullback to 10.4k, so I got some long orders there.
Gonna update in the following days.
Cheers!
Trade active
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Missed 10300's, but longed at 10400. Going to TP around 11.4k, trailing stop above 10.8k. SL atm 10469
Let's chat a bit if you want.
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TP reached at 10890. LONG at 10210, waiting for reaction or close on BE.
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Added a bit at 10450
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Stopped out at 10480 and missed the boat at 10100 by a bit :( PA is nice, I'm still bullish but with a small position. Anyway, this triangulation is kinda messy. I would change bias kinda fast if things get nasty.
Order cancelled
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Things got nasty :p Flat since 9.5k and now longing 8000's retest