Marcious

Buy the pullback to the short term trend

Long
Marcious Updated   
BITMEX:XBTUSD.P   Bitcoin
Same old patterns.
I think 7k will be the next hard test
tight stop below spring off the trend
Comment:
Ideally around $6870 & a stop around $6830, but it may not dip quite that low past $6900.
Comment:
Didn't get long filled at $6870 (it hit $6880) as i said it may not get that low.
I did get in at $6890 on the next dip.
I have moved my stop up to $6845 (just below the last break). looking to start exiting the position incrementally from $6995 up to $7125. I am still bearish overall & its approaching some resistance on the 4hr & daily charts around 7000-7150.

Looking for the next breakout around $6945 in a few hours. once this breaks ill move my stop up to my entry price at $6890.
Cheers
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