BTCUSD long setup

31. März 2017

BTCUSD just broke out of the symmetric triangle pattern
Target 1160
SL 1018

31. März 2017

Anmerkung

Bought at a pull back @1060

1. Apr. 2017

Anmerkung

Moving my SL to 1079

1. Apr. 2017

Anmerkung

Current market price is 1097. I have reduced my target to 1100.
Symmetric triangle length is 60 USD. So a reasonable profit of 60 USD can be expected from the point of breakout (1040).

I am still bullish about BTCUSD and confident about 1160.

1. Apr. 2017

Anmerkung

A pattern similar to megaphone pattern is being observed on 5 min chart. Expecting a breakout again!

1. Apr. 2017

Anmerkung

moved my SL to 1090 and target to 1115

1. Apr. 2017

Trade wurde manuell geschlossen

Trailing SL hit at 1090
Booked a decent profit f $30 (from 1060 to 1090)

8. Apr. 2017

Anmerkung

target 1160 hit on Apr 04