$BTCUSD Current short trade
Good R:R short that I entered yesterday.
Reasons for:
- Price rejected ~4400 area
- Fell back through a significant S&R area which I would have taken as a no-brainer long if price had spent a little more time above it.
- Good R:R
Overall I am still bullish BTC.
Reasons for:
- Price rejected ~4400 area
- Fell back through a significant S&R area which I would have taken as a no-brainer long if price had spent a little more time above it.
- Good R:R
Overall I am still bullish BTC.
Note
Target ~4020 lowsNote
Price has now broken down, following the expected price action. Currently we have seen a retest of the level, but again, with not as much time/space as I would have hoped. A classic H&S has now formed.
Note
Have now moved stops down to ~4240.Note
Stopped out of trade, banked 1.2R.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.