…But nothing happened. Weekly Trades (41)

Sooo, we did have the breakout, though the opposite direction of what I supposed would be the most probable move:) If I am not mistaken the retracement of last week’s FBI instituted flash-crash was the fastest in BTCUSD history. Two hours of steep price falling followed by an hour of coming back to $125. This event screams at you the market is going up, way up. But breaking 130 zone won’t be easy.

Sell: 121    SL: 122.5      PT: 118;  113
Buy: 122.5  SL: 121        PT: 125;  127

Waiting For A Break Out in 3…2…1… Weekly Trades (40)

The market is still choppish, though we’ve had a nice decent move in last days. Evidently the price wants to go up and only one major hurdle keeps it at these levels for the whole September. After a sustainable break above $130-132 zone (Bitstamp) bigger move might come. Now I would like to see a small correction down to 125, but if not we’ll be prepared:

Buy: 129       SL: 126        TP: 131.50;  135;  139
Sell:125       SL: 127.50     TP: 122