A1phaBoss

BTC Buy and Forget

Long
A1phaBoss Updated   
BITFINEX:BTCUSD   Bitcoin
Present Are:
  • -Engulfing Increasing Buying Volume
    -Bullish Hammer Candles (Daily)
    -TD Sequential Bullish 9s
    -Bounce Off of Green Support/Resistance zone
    -Most importantly, a Near Perfect .786 Fib Retrace!

    Stop Loss= 7950
    Target 1 = 9350 (Monthly Pivot + S/R Zone)
    Target 2 = 11100(Fib Extensions+ S/R Zone)
    If Both Targets Met, Reassess.
Trade closed: stop reached:
STOP REACHED @7950 -5.2% LOSS
BTC is forming yet another triangle here, waiting for a clear breakout for another entry.
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