My Gameplan for the 37% sell off for Shorting and Adding
This post is for my own personal recollection of how I want to short this upcoming downtrend. I won't be able to remember the exact details 2 years from now.
I want to short it down to the rising monthly 200sma and the 50% fib level from the Covid crash's high/low AND the head's high/low 1.25x range. Price level 24,000
I want to short with the fat portion of my position at the August-October high at the 0.85/right shoulder pullback. I am not sure the timeline just estimations.
I want to add on each lower high for a total of 4 positions.
I already have one position on at the close of the weekly doji from last week at 38,749
I want to short it down to the rising monthly 200sma and the 50% fib level from the Covid crash's high/low AND the head's high/low 1.25x range. Price level 24,000
I want to short with the fat portion of my position at the August-October high at the 0.85/right shoulder pullback. I am not sure the timeline just estimations.
I want to add on each lower high for a total of 4 positions.
I already have one position on at the close of the weekly doji from last week at 38,749
Nota
My ideal addsNota
Something like this as well with a falling wedge pattern
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.