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BTC (Y20.P5.E18).How to play this range

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Hi,

In the previous post, I stated to buy in at the bounce area, the price was then 17745 which i did for a good opportunity.
Now I have sold that lot and looking to short this to the lower price around 17200'ish.

The risk , we can potentially close above the previous high on the 4 hrly but the risk ration is with the gains of the short.
While I'm typing this, I can see price dropping so hopefully its not too late.

If we have the 4 hrly close above 18500 to 18600, then initiate your stop loss for the short as we are likely to hit 19200'ish and potentially that ascending triangle conslolidation.

I will using the 2 hrly to gage the candle sticks and stochastic indicator.
syot kilat


All the best,

S.SAri


For now, going with the trend with the 4 hrly.
syot kilat
Nota
RSI to watch..the clue
syot kilat
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syot kilat
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b.chart
syot kilat
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syot kilat

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