Rule_no1

BITCOIN - BEAR FLAG - SHORT or LONG?

Kort
BITFINEX:BTCUSD   Bitcoin
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Our Bitcoin setup:

Rules:
1. SHORT ONLY when price touches the white box.
2. SHORT ONLY when the price break down the channel.
3. DO NOTHING when above #1 & #2 are not met.

TP below level near 3300
CL above level closed above 8300
RR > 5

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PART I Getting in the Game.
RULE #1 Know Your Game.
RULE #2 Have a Trading Plan.
RULE #3 Think in Terms of Probabilities.
RULE #4 Know Your Time Frame.


DISCLAIMER: There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Trade at your own risk.
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