Again and again: SL-Adjustment

BITSTAMP:BTCUSD   Bitcoin / Dollar
381 3
That`s really crazy! Thát`s a Breakout, you don`t often can watch! Because BTC only knows one direction and is traded near the TOP , it`s time again to adjust your SL.
IMO a good Level could be the actual 38,2 fibo-retracement @ 595 - here you secure 125 Points of the Position.
I would prefer to Close half of the Position, so the rest of the Position is riskless!

The anticyclical thinking Traders could opene a shortposition at the actual Level. SL should be the last High at 694! TP1 could be 595, TP2 565/ TP3 534!

Good luck guys!
Trade geschlossen: Stop wurde erreicht: The Sl is triggered at 664 by the ugly intraday shakeout candkle - so the fillustrated trade is closed.
Entry was 470$ ( i illustrated how to catch a Breakout of a bullish Triangle)
Today i wrote that i would close half the position at 678$. The rest of the position was kicked out per sl at 664$, in sum, the trade made 671-470=201 Points or Dollars!
I hope this example was useful to you. Bitcoins seem to be very overheated and overbought at the moment, If i see the next clear trading point, i will illustrate it. Like it if you like it :-) thx
Trade geschlossen: Ziel wurde erreicht: more than that :-)
exit per sl
Adjust your shortterm stopp loss again, here i illustrate the next minimum correction level of the last movement, the 38,2 fibo @ 664$. The Breakout-Move seems to be endless...with this sl you safe 175 points of thefictive rest position

This is too much! IMO it`s time again to adjust your wsl . the fibo of the youngest buying-wave could be an interesting Level @ 645 - Here you secure 180 Points!
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Forex-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Feedback senden Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden