Bitcoin (BTCUSD): New ATH Is In Sight

2017年11月24日

Previously, we opened a short position @8170, which was supported by a bearish triangle breakout:

The price dropped 3.6% and reversed @7890 support. Depending on timing, some traders took a profit or closed out @breakeven. We now have to adjust to market conditions and get ready to go long BTC for new ATH.

2017年11月24日

註釋

Position reversal/stop-loss criteria:

2017年11月25日

註釋

Ok, we're good.
Watch for key levels on the chart.

2017年11月26日

註釋

9000 is fine to take profit on this trade:

2017年11月26日

手動結束交易

9300.
The market is raging, and I want to share with you a valuable trading tip. If you want to maximize profit during such strong trending moves, think about applying Parabolic SAR indicator as your trailing stop loss level. That is, you adjust your stop order manually every hour according to this indy. Works great.