1 big winner takes care of a lot of small losses

Bitcoin trading calls

Just added 1/4 more size to position as well

Bitcoin trading calls

Im targeting 63k at the moment

Bitcoin trading calls

Looking good to me too, Olu. Moving stop closer to 78200 Price action looks very bearish

Bitcoin trading calls

A lot of battles too. Good Lord! Thats usually a signal that market is ready to turn

Bitcoin trading calls

And still a ton of TLs below to go break now. If we head to 62500, a TL from the low at 60k to a new low at 62500 would have a very low angle. Those are the kind that a market can ignore for a long time.

Bitcoin trading calls

4 bounces off it and a test of the break at the end. I think its done with that line

Bitcoin trading calls

Yeah I dont see it getting back in that TL. Its been playing around with it for too long. Maybe im wrong, but I dont see that, especially with the strength of those 2 selloffs we had today

Bitcoin trading calls

Was supposed to keep going to the 2.0 retracement, but after touching the high it had a strong selloff. That was the clue I will look for next time I see this. There is always a variation that signals the opposite is going to happen

Bitcoin trading calls

This is the pattern if anyone's interested. The market makes a low (first arrow) then a touch of 1.5 retracement. Stays in a range and hits the low from 1st arrow. 2nd chart...Then it makes a new high to the 2.0 retracement, but only from where I ...

Bitcoin trading calls

Yeah, its tough, but its ALWAYS tough I was cognizant of the TLs below, been talking about them for weeks now, but that pattern had me thinking one more pop. Ive seen about 6 of those very similar patterns and they all did the same ...

Bitcoin trading calls

Might head for the low at 62500. 3.0, 7.0, and 1.25 retracements just below that. Could be a dramatic drop, which is how almost all bear markets finish. Lets see. BOJ rate decision in a few hours might be the catalyst. Definitely saw some bear ...

Bitcoin trading calls

Patterns always seem to have a variation otherwise trading would be easy. The variation always gives a clue though. This was a new pattern I've seen in my back testing, and had not come across this variation yet. Noted

Bitcoin trading calls

I think we can get a 2.0 retracement on this move in chart. Top looks in. The pattern I was betting on with the long I think should not have made that first selloff we had, that was the clue I missed and will have to remember next time I see it. ...

Bitcoin trading calls

Stop at high of day, target 68200

Bitcoin trading calls

Stopped and reversed

Bitcoin trading calls

Still have order to TP and go short at 81,500. Putting stop at 85,000 initially, but still thinking even 82,200 won't get touched. Let's see if I've done enough homework

Bitcoin trading calls

If we get the bounce here, watch for this line. 81,846 I think will just get touched

Bitcoin trading calls

Just went long with stop at 77200. Target same as before at 81500

Bitcoin trading calls

Setting stop to b/e and going to sleep

Bitcoin trading calls