SHORTTERM BTCUSD LONGWe have TWO possible LONG positions on the BITSTAMP:BTCUSD
1. If price touches the blue area, check if there is divergence on either MACD or stoch . If step 1 is fulfilled , continue.
2. If step is 1 fulfilled, we want to see either a double- bottom / top or w/m pattern forming on M15 or M1 . Will demonstrate those patterns when the time comes. If step 2 is fulfilled , continue.
3. TP/SL will be set when necessary price action takes place in those areas. We will always wait for pullback no matter what. No pullback, no trade . If step 3 is fulfilled , continue.
4. LONG when PRICE makes higher high . If it doesn't and instead makes lower low , abort this potential LONG and look for the next blue area.
