BTCUSD 4H 0.618
BTC has moved upto to 0.618 fibonacci retracement of its recent fall, from 35k area, the price action appears to be rejecting here on the 4h and traders can look to short btc with a stop above the 0.618 retracement and aim for 30k/28k. DXY looking very strong and the UK has recent had the FCA stop regulated activity from one of the largest crypto exchanges Binance. With eurusd and gold looking weak, its suggests to me price will run to the USD, and cause significant gains, causing the dxy to sky rocket, and a massive bear market appear in most asset classes. But for now we have the chance at good risk reward to take a short position on BTC in my opinion.
Trade aktif
taken a small short after that spike, lets see.Catatan
33400 entryCatatan
added another small position 33600Catatan
IF it continues up we should break 35k, worth keeping an eye on tooCatatan
final entry 34150 shortCatatan
stop loss @34500 low risk for meTrading ditutup: stop tercapai
Catatan
bad trade haha
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.