BITCOIN GAS EMPTY NOW RUNNING ON VAPORS current 6124.99 30Oct17 https://www.cryptotradingmastery.com/

Cryptotrading Mastery with Sean Vengan Cryptocurrency Trading

As we should know by now, in trading we identify a Pattern and Trade the Probabilities whilst protecting ourselves with STOP LOSSES. Well, our good friend Stop Loss kept our capital safe.

With Bitcoin Short stopped out we took a negligible -1R loss.
Bearing we had a Bitcoin Cash WINNER of +3.14R win.

NET PROFIT IS is +2.14R, that's how we trade, our CAPITAL CONTINUES TO GROW.

Our Current Open Long positions eg Monero, Ethereum Litecoin etc... are also starting to move positive territory.

Bitcoin has worked its way to the corner of the Window with $6,400 which coincides with the end of our Wave 5 count. The Momentum (lower charts ) are also confirming this.
I see this as a "Blow Off Top", typical in final stages of a Bull run.

My view, therefore, remains UNCHANGED that we are EXHAUSTED on the upside and I am looking for another opportunity to Short. At levels like this, using the TA I am showing you in this chart, I am comfortable shorting at these prices and may post a new short trade.

Our account is growing an additional UP +2.14R, we are winners.

We remain CALM and OBJECTIVE and now looking to recover the -1R and turn that into a +Multiple Reward Win on another Short position.

Hope that helps...

Author: Sean Vengan, 10+ Years Professional Trader and Trading Educator

Website: https://www.cryptotradingmastery.com/
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