TanukiTrade

BTC LAST try to LONG inside the triangle?

TanukiTrade 업데이트됨   
COINBASE:BTCUSD   비트코인
Opened a long at 10.040$

Stop in the red area.


Divergences inside the 1H channel, RSI breakout.



MFI oversold, divergence on every oscillator.


Falling wedge is bullish pattern!


And finnaly potential bullflag forming on minute chart.
액티브 트레이드:
ENTRY: 10.040$
STOP: ~9.800$
TARGET 1: 10.500$
TARGET 2: trailing stop
Margin : x4
코멘트:
This looks divine
코멘트:

Pullbacks on more TF-s.

But still inside the wick bordered channel:

코멘트:

Adjusting the STOP for zero-game as worst scenario.

New stop : about ~10k - where I've opened the position yesterday

EXPLANATION:
If I was too early : will not lose significant money, and can re-open my long later.
Protecting capital is the first.

Reduce risk first time as you can.
코멘트:
And bang-bang....


Adjusting stop:

Trailing STOP level 10.050 - 10.150$ Collecting ~1-2% profit


Target Area: ~10.5k (Colleting ~20% profit)

New speed-channel marked as blue
코멘트:
Trailing stop of my long adjusted to 0.5 fib : near 10.150$

코멘트:
This liquidation flow hunted my STOP down hardly.

Trade closed in 6% profit (with x4 margin).

New idea of the weekend move and position possibilities coming soon.

CONCLUSION

September and the Christmas holiday times are the two worst moments to trade!


Every year I promise to myself: I will not trade in these months.... but I can't resist XD

My BTC capital summary of september: +3% ... will be better I hope so in the second part of the month.

Option indicator toolset for TradingView:

⏩⏩⏩ TanukiTrade.com
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.