BTC 8th july

Updated

As I said yesterday, I was ready to buy the breakout. It's done, Nice volume candle, 4% move instantly. I took 75% of my profit. I placed a SL at 11.8k. And... wait. We never know what's happening next.

TA of the day: it's touching the 12k resistance. The big trend wall is near 12.5k. Stoch momentum is turning more bullish

I can expect a bull flag at 12k, then another push up. BUT... we don't know the real path. So... Enjoy the profit, do something else, and see later what the chart says.

Plan of the day : wait the draw of a bullish pattern

Trade closed: target reached

It's weird, there is not volatility. Was is just a short squeeze ? I took all my profit while it's stucked to the resistance, it's wiser, and make more money than let hitting the SL under

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Ascending triangle pattern

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Breakout of the triangle pattern, retest of the previous R/S

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I loaded a few bucks, just for fun

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Resistance hitten, and rejection.

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It's not an exact science, I drawn a few lines that might be useful in the next hours.

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Let's see closer. what pattern is it making ?

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Still in a good way

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Broken down ! I don't know what's this pattern

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Let's see if this kind of pattern is going to work

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Another winning trade. I took 1/3 profit at 12 200. I'll exit my full position near 12 400-12 500.

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The sell zone is here Let' hope it will reach this target !

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I've found this chanel. Let's see if it work !

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I'm preparing for tomorrow the buyback zone

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SL: OK/ Chanel: OK / TP laddered: OK
prntscr.com/ocb4wu

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It's going to take near 2h to reach the target. All is prepared for tomorrow. Chill !

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target reached ! 3.2% + 2.9% = 6.1% today. No loss. Time to sleep

Trade closed: target reached

Wavema

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