TonyCryptano

Range trading

Long
TonyCryptano Updated   
BITFINEX:BTCUSD   Bitcoin
Buy 7600, otherwise no trade.

Sell 1/3 at 20dma

Sell 1/3 at H&S resistance

Sell 1/3 at flattening 50 dma.

Always use trailing stop/
Trade active:
Entry price moved to 7800. Stop is the same
Comment:
Comment:
Because of the potential Sym Triangle structure, stop loss moves to 7800, profit targets are:

1. near resistance, sell half
2. near 20 dsma, sell another piece
Trade closed: stop reached

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