Closed all shorts on BTC, Should have a nice bounce soon

Have now closed my shorts and opened some longs. Will add to longs if this does start to look like a good bounce and more volume comes.

Have been trading this channel for some time now, hopefully it holds.

Kommentar:

Back above an hourly resistance on BTC, could see a nice little pump if if stays above it.

Trade ist aktiv:

Still holding my long from a few days ago, if we manage to break out of wedge this weekend then we should see the top of this pennant.

Trade wurde manuell geschlossen:

Due to the fakeouts and large dumps we've been having every weekend for the last few weekends, I decided to close my long last night with good profit. Would rather come back Monday to re-access the market situation and possibly re-enter if favorable.

Kommentar:

Currently, BTC has formed a bear flag just like the previous 3 weeks of trading. Every weekend it has broken down so monitoring it carefully for a possible short scalp.

Kommentar:

Are we going to have one more small push down?

Trade ist aktiv:

Trade still active, beautiful break from the descending wedge

Trade geschlossen: Ziel wurde erreicht:

Target reached. 5.5 R/R