XBTUSD long buy zone exit sell zone

A quick long setup for xbtusd perpetual swaps on Bitmex. Currently in the third wave up, expecting one more bounce from the buy zone to the sell zone before a possible deeper retracement.

short term: bullish
medium term: bearish
long term: bullish

buy zone: 6616 - 6555
exit (depends on how deep we go into the buy zone): 6661 - 6723
stop: 6498

IF we get a new high instead of a deeper retracement I'm buying the retracement once again.

Kommentera:

trade done, stop didn't get hit by a pixel. Enjoy profits! and on to the next one.... :-)