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Jsummers

BTC Daily Bull Flag

Long
Bitcoin (BITSTAMP:BTCUSD)  
Jsummers Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators
5
3
trendanalysis chartpattern indicator
This is an Idea of making multiple trades over the next month and play the Bull Flag breakout. Will target a large short/sell of BTC at 12100 and laddering buys shortly after from 8900-7800. After these are filled will play the move and break of the upper channel to target 14K.
Comment:
looks like its a 1/3 of the way there... ended up laddering a large short from 11.8K-12.1 and will look to exit from from 9500 and down. originally the 8900-7800 range looked good but I'm less confident it gets there over the next few weeks. as always if it breaks upwards ill exit but in profit on the short at this time at 11350.
Happy trading.
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