BTCUSD, best way to enter in the middle of trend.

BTCUSD, best way to enter in the middle of trend.

 

 
BTCUSD came back to 10000 area after it had gone down to 9600 area.
 
Yesterday I couldn't see PC in the daytime, but I made a short(S1) at around 10500 area on a 15 minute chart basis at night in Japan Time.
 
When entering the middle of a trend like this, it is very important to find "which time bar that fits the trend”. “Fit to the trend”are coined words in my own.That means the trend continues while touching the MA26 and BB centerlines with correction.
 
In this BTCUSD downtrend,15 minute chart obviously fits the trend. You can see that there is no touch in 60 minute chart and it is difficult to enter.
 
Now, as for the trade, I exited from S1 and made profit at around mid-9600 area after confirming that the 60-minute BB-2σine was flat. And I made new long (L1).This time, I could not order usual buy stop and I did market order.
Price is trying to touch MA26 BB centerline in 60 minute chart right now, so It is possible that price would be bounced back to form a double bottom. Watch carefully.
 
 
 

 

 

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