Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Hey guys,
i will post some trades with my new scrips for pivot points now. I have written 3 of them: Daily, Weekly and Monthly Pivot Points with their Resistance and Support Points and on the Daily also the range between them.
In this trade i opened a short position as i saw the price touching the down trend line the third time on the hourly candles and got rejected by the Mid-line between Daily Pivot Point and R1 (Resistance) .
I used the Weekly Pivot Point as first target (50% of position) and going to target daily S1 (Support) and montly pivot point next. Also i place a Stop loss on the entry price to stay safe :)