k314

BITCOIN BUY setup

Long
k314 Aggiornato   
BITSTAMP:BTCUSD   Bitcoin
Buy BTCUSD above 3785 upon breakout

T1: 3870
T2: 4000
T3: 4120
T3: 4290

SL: 3680
Trade attivo
Trade chiuso: obiettivo raggiunto:
T1: 3870 achieved
Commento:
Trail SL to 3845
Commento:
Trailing SL to 3845 after observing a double top with bearish divergence

Commento:
Forming ascending triangle.
We still maintain our trailing SL at 3845 after observing a double top with bearish divergence

Commento:
T2: 4000 achieved
Trade chiuso: obiettivo raggiunto:
T2: 4000 achieved

Trail SL to 3940
Commento:
Missed T3: 4120 by $20.
Made a high of $4100 so far
Trade chiuso: obiettivo raggiunto:
T3: 4120 achieved
Commento:
Trail SL to 3980
Commento:
Missed T3: 4290 by $20
Made a high of $4270 post breakout
Trade chiuso: obiettivo raggiunto:
T3: 4290 achieved

ALL TARGETS HIT
Commento:
formed an inverted head and shoulders and given a breakout. We can expect it to go up to $4350

Commento:
As expected it made a bullish move and made a high of $4347.20 very close to our expected level of $4350
Commento:
Made a high of $4349, $1 away from the expect level. However we did not have any position and booked complete profit at $4290
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