BTCUSD 5M (DEMO)
weekend demo trades on bitcoin
first trade was long off support targeting a break of ema200
second trade was short off resistance targeting a break below ema200, resistance didn't hold so two more orders were cost averaged in as price straddled ema200, then after one final attempt to push up and squeeze out the shorts while trapping more longs, price quickly moves back down to target to close off the orders...
weekend demo trades on bitcoin
first trade was long off support targeting a break of ema200
second trade was short off resistance targeting a break below ema200, resistance didn't hold so two more orders were cost averaged in as price straddled ema200, then after one final attempt to push up and squeeze out the shorts while trapping more longs, price quickly moves back down to target to close off the orders...
kc topics: https://www.forexfactory.com/thread/post/14648072#post14648072