BITFINEX:BCHUSD   Bitcoin Cash / Dollar
Macd is setup for a short, falling below Red signal line heading for 0 level line.
Entry was a sell stop @ 2613.40
Take Profit will be the 50 sma
Komen: We are currently in a break-hook- pattern on a 15m chart. We are waiting for price to "Go" short to complete the break-hook-go pattern. If price returns above the sell stop entery level then we may be in a "Bear Trap" pattern which price will then continue long.
Komen: I have added a Bear |Trap Stop Loss and I have changed to a "NEW" 15m 50 sma Profit Target.
Komen: Since the market seems to be strong today I moved my Bear Trap Stop Loss to the 23.6% fib @ 2636.00
Komen: I have closed out my trade at the 38.2% @ 2568.00. Entry was at 2613.40.
Stopped out. Probably a bear trap.
Balas
You r Right. 2350$, to me.
Balas
It is a bear trap!
Balas
@999Levin, Thanks. How do you recognize a bear trap is happening? What do you do?
Balas
@999Levin, Definitely a bear trap.
Balas
@Arvin_Darred, Thanks for your insight, let's see what happens. "We are currently in a break-hook- pattern on a 15m chart. We are waiting for price to "Go" short to complete the break-hook-go pattern. If price returns above the sell stop entery level then we may be in a "Bear Trap" pattern which price will then continue long."
Balas
Arvin_Darred Tradingstrategyguides
@Tradingstrategyguides, Youre not wrong for looking at it the way you are. But the bigger picture is that the market is "healthier" right now than it has ever been. Even though prices may be below ATH's. Given that, the dominance of BTC over the market is also at its all time low. Almost everything is in the green today, and BTC is looking good too. So I think for right now, its fair to say the market is back in the boom days like in November.
Balas
@Arvin_Darred, Thanks, great insights.
Balas
@999Levin, Thanks for your insight, let's see what happens. "We are currently in a break-hook- pattern on a 15m chart. We are waiting for price to "Go" short to complete the break-hook-go pattern. If price returns above the sell stop entery level then we may be in a "Bear Trap" pattern which price will then continue long."
Balas
MS Bahasa Melayu
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Laman Utama Pengimbas Saham Pengimbas Forex Pengimbas Crypto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Rumah Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Pengesetan Profil Akaun dan Bil Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikuti Mesej Peribadi Perbualan Log Keluar