LONG BTCUSD

3 giu 2018

Pros

• H&S pattern confirmed
  
• The last 3 lows are rising
  
• No divergences and uptrend on RSI.
  
• Searching for 38.2/50% correction of the last bearish wave.
  

Cons

• Countertrend
  

Strategy

• Buy a half when the H&S are completed, and the other half if there is a pullback.
  
• 2 projections, the downchannel and the H&S. I think the projection channel is too aggresive.
  

5 giu 2018

Trade chiuso: stop raggiunto

The ripple has the same structure and it's still valid. But it's too correlated with bitcoin.