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BITCOIN RANGE LONG TRADE

做多
BITFINEX:BTCUSD   比特币
Pair has been in a 1H range for a while
Price at bottom of range
Wicks at bottom of range shows no sellers
If price reverses it can rise to 50 sma and pause
Price could consolidate there or break above 100 sma
Price could then rise to top of range.
评论:
15m/1H dual chart helps to follow price
评论:
sorry 1H - 15m
评论:
On our 15m chart we have either a bearish flag or an ascending channel
评论:
1st take profit hit
评论:
Price fell back into ascending channel
Price now has broken above channel
Price has entered 2nd long trade
评论:
Hit top of range take profit
评论:
Bounce of top of range short trade
评论:
Bullish breakout of range top
评论:
Price took out take profit at -61.8% fib like a freight train

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