Here is how I am trading this. I see an opportunity to scalp some pips. Placed small long position. See the chart for more information, i.e., stop loss, targets, etc.. I still remain bearish for longer time frames.
$BTCUSD on the 240TF looks like it is getting ready to dive. Holding short positions for now. I see a bearish cross on the MACD and a move across the middle of the Bolliger Bands looks like a real possibility. Of course, if we can somehow manage to clearly break the resistance at around the 9200 area I would go long. Bearish for now. Go well.
Resistance has been broken during my dream time. Bulls are clearly in control for now. Long position in play Based on a Bullish T-K crossover on the ichimoku. Using trailing stop loss. Keep it tight. (-(-(-(-_-)-)-)-)
Solid gains last week on the most recent minor bull run. Based on the weekly close...I cashed out. Start of a new week. Candles showing tweezer tops on the 1D TF. Short order(s) placed. Sitting in FIAT on the sidelines for now. It is what it is. All thoughts, comments and constructive criticism will be accepted. Go well. (-_-)
Practicing my Elliot Wave counts/analysis. Looks like we are at the end of C corrective wave. This as I understand it usually signal a BUY. My counts could be off as I am still learning. I welcome any corrective criticism. Go well. (-_-)
A buy order that I placed months ago for Trican Well Services ($TCW) was triggered at today's open. API numbers for Oil appears to have been released. I have set my s/l around $3.00 for the time being. I plan to hold this trade for a few weeks, possibly longer. Parabolic SAR has turned Bullish but we are still below the kumo cloud. This stock ultimately will...
Opened a small long for $GBTC for the week. After so much red the past few sessions, I feel a green will appear... at least short term. The chart shows a bullish T-K cross, S/L and T/P 1 & 2 for the 1hr TF.