BITCOIN - Trend Update on 26/10/2023
For Swing & position trades Buy Mrt < $34500> with a protective hedge @ $32000.
Target $38500 / $39500.
Bitcoin is on a very strong cycle/3 breakout (explained on the recording). Intraday day trades can be taken every day, buying internal pivots on the 15-Min frame in size, and taking profits immeaditely at the next higher internal pivot above which the entry was taken. Buy stops are used to achieve this in automated manner. Provided adequate size is used, the strategy is a wealth generator for retail accounts, as it maximizes profits in a trending market on an intraday basis. (explained on the recording too).
Profitable Trading
Summerset
Target $38500 / $39500.
Bitcoin is on a very strong cycle/3 breakout (explained on the recording). Intraday day trades can be taken every day, buying internal pivots on the 15-Min frame in size, and taking profits immeaditely at the next higher internal pivot above which the entry was taken. Buy stops are used to achieve this in automated manner. Provided adequate size is used, the strategy is a wealth generator for retail accounts, as it maximizes profits in a trending market on an intraday basis. (explained on the recording too).
Profitable Trading
Summerset
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