BTCUSD: Over the edge

By DatCryptoBoi
Uppdaterad
Currently short.

4-hr, 1-hr bearish divergence. Lower high on the 15 min timeframe, sideways out of a rising wedge. Wicks in both directions (liquidation / stop hunt).

Target range is wide, from 6400 for a small retracement down to 5.8k for deeper retrace.
Kommentera
Failure to make a new significant low, i may close this short soon. Stoploss inside break even ensures no loss from the trade
Trade stängt: Stopp nått
Trade closed, stopped at break even. Risk management is key for saving you $$$$
Handel aktiv
Re-opened trade at 6695 on exit of the wedge, with bear divergence (again second time).

Stops now at break even.

snapshot
Kommentera
Risky to short from 6350 now, risky to buy (go long). Going flat. Waiting
Beyond Technical AnalysisBTCUSD
DatCryptoBoi

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