Bitcoin Short
As long as the risk to reward is well defined looks like a decent trade
It looks like we might be in a flat correction
If you have money to spare from trading the oversold bounces I'm thinking now is a good time to risk a short with some profit.
It would be best to enter on a divergence in the MACD/RSI or a strong bounce off of the 4400 resistance level. I'm keeping my stops tight because I don't want a bitcoin bull kicking my ass -_-
The count looks a lot better on my screen and less cluttered :)
Happy trading.
It looks like we might be in a flat correction
If you have money to spare from trading the oversold bounces I'm thinking now is a good time to risk a short with some profit.
It would be best to enter on a divergence in the MACD/RSI or a strong bounce off of the 4400 resistance level. I'm keeping my stops tight because I don't want a bitcoin bull kicking my ass -_-
The count looks a lot better on my screen and less cluttered :)
Happy trading.
Catatan
Entered the short from 4150 tightening stops, looks like a wave 3 is starting? To continue the trade we need to drop strongly bellow the depth of (4). Otherwise It might be wise to close the trade since this could be a wave 1 of a larger movement up.Catatan
Stopped out now looking for a re-entry at my initial targetTrading ditutup: stop tercapai
Trade aktif
Initial tade was closed new trade openedTrading ditutup: stop tercapai
Catatan
The thing with having tight stops -_- the touch of sucking ass
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.
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.