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Gaspard_
Jan 24, 2019 11:47 AM

BTC/USD long position Long

Bitcoin / DollarBitfinex

Description

LOW probability trade since we've been on an obvious multi-year bearish trend, yet i'm keeping my risk low (3.9:1 trade) and longing BTC right into this bullish breaker after a market structure shift and targeting a previous high.

Trade active



Adjusting stop-loss from 3463.5 to 3381.8, R:R is now 2.59:1 (previous was 3.91:1), I'm placing the stop-loss a little bit below the possible daily breaker. Price should close above the 50% area in order to see a bullish reaction from this area.

Trade closed: target reached



Target reached, took more time than I thought it would (a month). Waiting for the next setup to form.
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