cal268
做空

Trade the downward breakout

BITSTAMP:BTCUSD   比特币/美元
270点击
7
270 2
评论: This is a two-ways pending order setup. If either side is in position, then delete the other pending order.

LONG
E: 6750
SL: 6440
TP: 7400

SHORT
E: 6440
SL: 6750
TP: 5660
交易结束:到达目标
Nice, but I don't understand how you painted that lower line? Not sure how you calculated targets as well.
IMO: in this setup, you will enter long and won't reach the target.
Personally, I wait until BCH-BTC civil war will calm down
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cal268 wierzbix83
@wierzbix83, I will include the price range next time. By measure distance between the low of 2017-11-12 07:00 and the 50% level of Fib Ret, then project the same distance to the breakout 6750 (higher than the price at 50% level). It is roughly about 7400 where you found the downward trend line starts on 2017-11-08 21:00
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