pop after the drop

looks like bitmex is going short, lets go long...

Note

Forgot to draw in stop loss of first short trade, it was at 8696. Entered that trade in the previous idea. I got wigged out, but decided to renter, after i saw price dropping to 8600.

Trade closed: stop reached

Position got pushed out, took my loss and reentered at 6900

Note

In profit now, but I'm just gonna let this one ride and see what happens

Trade active

Added to the long from 6900, after higher low. Averaged the position in at 9650 and moved stop loss to 6826. If we reach 7400 I'm gonna reevaluate the situation and decide if I take profit or add to my position. If we reach 6826 I'm gonna take a loss, which is 2% of my total investment in BTC. If I'm forced to take the loss and downward channel is broken, I will be going flat into USDT.

Note

*Correction* position at 6950

Trade closed: stop reached

Damn, stopped out again. Bottom of channel is still holding. Almost flat into btc now, but still leaning slightly long. Entered at 6700 and stop on 6550

Trade active

Lowered stoploss to 6496 and added to position, avaraged my entry to 6660.

Note

*correction* stoploss 6569

Trade closed: target reached

Took my profit on 7300. Covered alle the stop loss hits + some extra profit. Should have done the same with my long from 6900 when it was at 7200....

Arzalon

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