Update to H4 BTC Short using MetaWorld Crypto Advanced RSI
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Although I exited the trade (fear, was uncomfortable with potential reversal of bearish momentum, see linked Idea), setup is proving valid as the price continues to move downwards with wicks reaching down the 9/21-10/19/22 Fixed Range Volume Profile.
Note how the Advanced RSI indicator provided Advanced Oversold DOTS multiple times(see 10/18/22 11:00am) when the price wicked down to the FRVP support level. These would have been great signals to take profit. 2.26% x 5X leverage = 11.3%. Not bad.
Note how the Advanced RSI indicator provided Advanced Oversold DOTS multiple times(see 10/18/22 11:00am) when the price wicked down to the FRVP support level. These would have been great signals to take profit. 2.26% x 5X leverage = 11.3%. Not bad.
Note
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