tradedevil

For Bulls with Brass Balls...

Long
tradedevil Aggiornato   
BITSTAMP:BTCUSD   Bitcoin
Not for everyone. I take it in a small position with a stop under the 78.6. Structure is there, Algo's "will" be defending here. The Wave-2 had to come... It came fast but here it is... Nothing wrong with waiting for a higher low to form on the 15-min. I like it with a small position and powder dry to add on the first higher low. Upside is tempting to look at but keep your eyes on the down side...
Trade attivo:
No low goes untested... but I would prefer to see this hold. If it does, then the Wave-2 is likely in and we're putting in wave-2 of the coming wave-3. We shall see...
Trade attivo:
I'd tighten stops now, and a slight unclench... you know what I mean. Remember the 50% cuts both ways. That will be the resistance on the way up. Bears will be looking to add selling pressure there. Don't ya love this sh*t...
Trade chiuso: stop raggiunto:
So, if you moved your stop as I did, we're both out with a very small loser. Volume may start to dry up now on a Friday night. There's one last stand for Bulls and for a valid wave-2. We break that and we recalculate. Waves are constantly fluid (pun intended) and you can only react and adapt to them as they develop.
E-Wave is just a "potential" road map. The key is always the risk management. If you follow me, you and I have been stopped out twice today on Bitcoin but both with very small losers. That's the key to this business. Live to trade another day and another wave...

Crypto Trading and Education - goo.gl/AUxrWz
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