As much as I'd like to think Bitcoin is going to see higher prices soon, I don't think that is going to happen. But never know with Bitcoin. Sure looks like a standard double top but I highly doubt it will work out exactly as depicted in this pic. We'll see.
On a larger time frame, this could very well be a flag that indicates price will break out to the upside eventually but until that day comes, I enjoy trading the channel. In this trade, I set a pending "Sell" below the lows of the consolidation area at the top of the channel. Most of the time, I spend very little time in drawdown on these trades. I spent about 20...
I've got 3 trades on EURUSD with 3 targets shows on chart. I expect this to take a week or more to complete.
When Target#1 is reached, move SL for trades 2 & 3 to breakeven
When Target#2 is reached, move SL for trade 3 to target #1.