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BTC to bounce back UP above Overall Trendline?

COINBASE:BTCUSD   比特幣 / 美元
After the last Up squeeze, BTC/USD is currently moving on a relief (retracement) movement.
It respected perfectly 8355 pivot level (resistance) to bounce down and now is about to face the Overall trendline which can be considered now a support level (was a resistance).
If it can bounce back up from the Support level (around 8150) I would definitively take a long position with a tight stop Loss. (Manage risk before all)
If it never reaches back 8150 level, then no trade

Timeframe 4 hours

MT Alberto
交易進行: Our Entry Point is still Valid (As we said, we faced a retracement and seems we are bouncing back Up to take our entry point.
交易進行: Still valid our entry point
交易進行: Target 1 Reached at 8350 zone (took it at 8500)
Now looking for Target 2 875
I would expect a retracement before it continues to the UP
Looking good our trade
交易進行: Now that at least Target 1 was reached, a good risk management would mean:
Don't turn a green trade into a red trade, which means, closing the position if price come back to entry point so at this time we are just trading with FREE money, else keep the position open to reach our next targets.
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