BTCUSD: My trading plan for a long position

2020年4月24日

BTCUSD was forming a symmetrical triangle. By definiton of a symmetrical triangle, the chart should form LH and HL. The trend of an asset is defined depending on the breakout direction. A break above is bullish, a break below is bearish.

Yesterday the price broke above the triangle, which could indicate a bullish trend.

My trade setup:
I personally have targeted 8395USD, beacause BTC previously broke the support in that range. See chart for entry point and stop loss.

Manage your risk and good luck trading.

Regards,

Jamie

2020年4月29日

交易進行

Opened long position

2020年4月29日

註釋

I set the target a bit lower to 8210 USD.

2020年4月29日

交易結束：目標達成

Closed long position