sebking1986
Private
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- 622
I think it will touch into the gap and then head down again personally. My bias is still bearish until we break above 30k again.
bigbax699
Corporal
- Messages
- 49
Good morning all, another update today on the Bitcoin buy taken. We have peaked at just over 1:3 R:R. Currently price sits at 1:2. As always it is advised to lock in some profits so I have moved my SL to 1:1under the last swing low and half my position was closed at 1:2, as I missed the peak. But you cant go wrong taking profits, now we just get to watch in stress free anticipation, and hope the bull trend continues to full TP projection. Hope everyone has a good week coming. GLIYF
sebking1986
Private
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- 622
I think taking profits is a good idea at this point. It's still looking bearish to me overall (at least until we break the 30k range)
JimmyRozza
Master Sergeant
- Messages
- 290
Price currently seems to be reacting to your red line. Keeping a close eye on it here
bigbax699
Corporal
- Messages
- 49
Good morning all, thought I would do an update today after the fed rate hike news came out yesterday. We all knew it was coming, and it seems the market did too. Looks like it has already been priced in as normal movement resumes. We are by no means bullish , but some bullish structure is forming, higher highs and higher lows on the daily here. We just hope it is the actual bottom here and we keep moving upwards, even if slowly. SL was set at just the right level under last higher low, the trade continues and looking for that next higher high now. GLIYF
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