TraderPistolPete

TraderPistolPete Updated 

Long opportunity has presented itself with THETABTC Been on a uptrend forming higher highs. Recently broken out of the downwards wedge, and looking to retest the trendline Could be 8 - 9% trade. Looking at some of the wicks to the left I will leave the last 25% of my trade as a trailing take profit, so see if I can catch it if it does wick up

TraderPistolPete Updated 

NZDCAD has broken out of the wedge and has been respecting the channel. I've placed a few successful trades within the channel already,both long and short, looking to continue the trades. Typical R:R 2.5 - 3 Eventually I'd be looking for a breakout upwards out of the channel with an expected TP point at resistance/ supply block. #SOS #Mybitcoinacademy #MBA...

TraderPistolPete

Broke out of the recent down trend and moved sideways forming double/triple bottom and a new Higher high recently had and push and now waiting for retest of support for entry, which is around 38.2 fibs (bullish sign) My plan is to take 50% profit at support/resistance at 2259 and move up SL to the 2500 area underneath the daily uptrend line (red for...

TraderPistolPete Updated 

Original wedge breakout never eventuated. But one of the trades is still a possibility, 1) looking at a break of resistance at 3615 for a Long R:R is approximately 2:1 as it stands. The SL for this trade reduced depending if any structure is formed before the break in resistance. 2) Another option is to place an order at the Demand block. I see two demand blocks...

TraderPistolPete Updated 

Downward Wedge has been forming on LTC, It is also approaching a low demand zone Options 1 & 2 looking for break and retest. Two possible entry points, either around 5790 mark on the retest from the break out, otherwise wait for 5890 resistance to break for the 2nd entry. Option 3 Limit order set at top of demand block for a longer term long to previous...

TraderPistolPete Updated 

simple trade downward wedge/ bull flag forming currently retesting daily trendline buystop set above 1hr resistance line SL below 4hr resistance 1st TP at previous wicks, last TP at 4hr resistance

TraderPistolPete

Retraced to 61.8 and closed above, Currently broken out of down trend next resistance is at 0.00034128 which is just above where i'd enter. so placing a buy stop a bit above resistance 1 Take profit at 0.00036344, Last TP is a trailing TP following at -1% to catch any lucky dip pumps. RR for the trade is 2.0 expect the trade to play out by tonight, mid morning...

TraderPistolPete

Link has respected the daily uptrend, broke through the downtrend with a bullish engulfing. Large target given the volatility of btc lately. Deemed a higher risk trade so only 0.5% of acc risk. I Will have a trailing stop set up after each Take profit hit. Last TP make also be set as a trailing TP depending how trade goes

TraderPistolPete

Long trade within the trend, based on my previous TA about the cup and handle, Going with the philosophy "its right until its not" Hit the previous demand block and also stayed above daily support, long to upper trend line with TP's along the way.