Bitcoin Short

28 sept. 2017

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.

29 sept. 2017

Note

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.

30 sept. 2017

Note

Stopped out now looking for a re-entry at my initial target

30 sept. 2017

Trade fermée: ordre d’arrêt atteint

1 oct. 2017

Transaction en cours

Initial tade was closed new trade opened

2 oct. 2017

Trade fermée: ordre d’arrêt atteint

4 oct. 2017

Note

The thing with having tight stops -_- the touch of sucking ass