BTC LONG BREAK OUT TRADE

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SMALL CORRECTION ON WEDGE SETUP

SIMPLE TRAFFIC LIGHT SYSTEM

• GREEN = BUY/LONG
  
  AMBER = RISKY TRADING AREA/CHOPPY PRICE ACTION
  
  RED = SELL/SHORT
  
  YELLOW = PAYDAY FAST PROFITABLE MOVES
  

ALL AREAS OF INTREST/TARGETS ARE COLOUR CODED ON PRICE SCALE TO YOU RIGHT

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breakout

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macro degree and hourly

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reaction point

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1min and 1 hour chart

reacting as designed to now the wash trades is over with

enjoy

trades safe

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1st 2 TPS
done on short hedge

remainder of position trailed

add short profits back to long position on reversal

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unconfirmed so we wait for confirmation

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" failed rally market buy AFTER CLEAN WICK AND STRONG BOUNCE UP ON FOLLOWING CANDLE"

instructions on chart clear as day

long stopped out, remaining short position from hedge area in good profit still trailed



opened
long opened on wick pull back with view to average pout long down to 56700

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stoploss below 56400 on this long trade as is short stil in play and we have major support below at 55570