BTC shows a clear break point and prepare to open short position
Hi there.
I guess whales did read my chart and really did bring more tanks to hold 8550.
But so far i see at least 2 groups of air force stand by red global resistance.
Suggestion: short
reasons:
1. BTC break down from blue local uptrend
2. BTC tried 3rd time to the white bigger downtrend.
3. BTC reverse head shoulder form failed and may print out a normal head shoulder form.
I will open short position around purple rectangles with really tight stop loss.
Stop loss: 9020
1st target: 8360
Risk/Reward ratio is over 5
Please comment and share.
Thank you for your time.
Alex Wang
I guess whales did read my chart and really did bring more tanks to hold 8550.
But so far i see at least 2 groups of air force stand by red global resistance.
Suggestion: short
reasons:
1. BTC break down from blue local uptrend
2. BTC tried 3rd time to the white bigger downtrend.
3. BTC reverse head shoulder form failed and may print out a normal head shoulder form.
I will open short position around purple rectangles with really tight stop loss.
Stop loss: 9020
1st target: 8360
Risk/Reward ratio is over 5
Please comment and share.
Thank you for your time.
Alex Wang
Dagangan aktif
Enter at 8940 with tight stop loss.Good luck :)Nota
Hit my stop loss, i re-enter with stop loss 9030.Dagangan ditutup: hentian tercapai
hit again don't reach I will do another chart :(
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.