Updated

BTS -Trade idea

For learning purpose. 1 more down to complete correction.

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Time to play BTS. Under 3800 is a good buy.

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With the crash could of got much better entries. Stopped out of my margin with a loss. But holding BTS until TP 1. Will open a margin when I see solid up momentum. Good learning experience but cost money!

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Correction took longer and went further than planned for. Good lesson as to not jump right all in, start slowly and build as it goes. As of the last few days it is doing a correction that BTC does almost every correction. Its called an Adam Eve double bottom. BTC has done this already in the current correction and it has failed. If you look back at it, everytime it has changed trend it has done it.

thepatternsite.com/aedb.html

You can see it on the current BTC chart failing already. It seems to be trying it again. Below is BTS doing it. And hopefully it does not fail.

sykes

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sykes