tomraistrick

Further To Go

Penjualan
tomraistrick Diupdate   
BITSTAMP:BTCUSD   Bitcoin
Following last trade: see 'Breaking Channels' in my published ideas.

I am watching & preparing for a further opportunity to short BTC at or above $6.4k. Ideally I would like to see a slight reversal and rise out of this bear pennant before opening a short position.
Komentar:
Update: Opened small short position above $6,400. Will monitor further before increasing my position.

Exchange: Bitmex
Product: XBTUSD Perpetual Swap
Margin: 5x
Liquidation Price: $8,000
Komentar:
Bear pennant invalidated. Bear flag remains:
Increased short position at $6,450 & $6500.
Komentar:
Update: Bear flag continuing within charted channel. BTC looks set for a large move.

Komentar:
Closed 12.5% of initial short position at $6,101. 45% profit realised on that portion of my short position.
Komentar:
Update: Closed a further 12.5% of initial short position at $6,175. >20% profit realised on that portion of my short position.

75% of initial short position remaining.
Komentar:
Update: Closed a further 50% of initial short position below $6,400. 4% profit realised on that portion of my short position.

25% of initial short position now remaining. I will monitor further before making the decision to increase or reduce my position.
Komentar:
Update: Closed a further 12.5% of initial short position at $6230. 25% profit realised on that portion of my position.

I will likely close the remainder of my position around this level.
Komentar:
Edit: ROE error in last update. Profit realised was 17% rather than 25%.
Komentar:
Update: Closed remaining 12.5% of initial short position at $6250. 15% profit realised on that portion of my position.

100% of short position now closed. Update with final realised profit will follow.

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.