good night eth... rising wedge reversal or bear flag (pennant)

on kraken trading but levels are more clear on coinbase i will show both charts
acct 1689
10 eth short at 199.7
will look to add on a push and rejection back up to bottom trend line
close in channel or a open candle moving all the way back to top trend line will prob be stop also ( actively trading so not set stops)
will look to take profit in green highlighted area ... could see continuation below but i lean that we bounce rather than dump but im watching it
bch also had a nice bullish setup and move today and its triple topped out and failing to breakout

Zlecenie aktywne:

position entry on kraken 10 shares 199.7

Zlecenie aktywne:

dont like kraken doesnt confluence with coinbase on the breakdown of pennant which i dont like ... these trades you have to sit at computer because there tight ranges and there is a lack of confluence aroudn the market... conflicting charts conflicting news... conflicting prices of btc because of tether bs

Zlecenie aktywne:

added 1 share at 200.1

Zlecenie aktywne:

added 2 shares short at 200.4
total 13 short avg prob 199.85

Zlecenie aktywne:

added 2 at 200.09 short

Komentarz:

Zlecenie aktywne:

this is why i wait for close of candle currently back out of the pennant pattern but were def not out of wood yet 15 min til close

Komentarz:

hourly candle closed BEAUTIFULLY!!! we broke above bottom i said dont stop out until you break above very top trend line or close back inside the pennant and we did neither but broke through bottom and almost touched top!!! i i had hard stop would be out of trade

Transakcja zakończona: osiągnięto poziom stop:

stopped out at 201.59
acct 1634
starting acct 1684
$lost only 35 usd
bought $15 in dash for a longer term hold...took 20% profit from last trade.
using 20% of all profits of each trade to buy small longer term holds