Bull trap/double top? - Worth trying

2017年5月17日

Potential bear divergence in rsi yet to be confirmed, perfect touch of trendline, 78.6% retracement of downtrend, easy stops, huge r/r trade... is worth trying imo.
I'm laddering the stops just in case a stop hunt/liquidation hunt happens.
Entry 1690
Stop loss 1723 & 1753 (50/50)
Targets 1600 (66.6%) and 1560 (33.3%)

Big risk of failure, don't go too big in this trade.

2017年5月17日

註釋

If it breaks old line and even more if it breaks ath would be a great opotunity to go long on any retest.

2017年5月17日

註釋

Changed a bit my take profits

2017年5月17日

註釋

Some lines that could stop the spot price here:
BTCUSD in Coinbase

BTCCNY in OkCoin

BTCCNY in Huobi

BTCUSD in BTCe

BTCUSD in Bitstamp


I still think it is worth trying, though the more time we spend here without pulling back down, the more improbable it is the pull back will happen.

2017年5月18日

交易結束：達到停損點

I failed.
There was a massive liquidation of a +60k contracts position and cleared my stops and then china started pushing for a new ATH taking quarterlies over 1800.