Two Paths to $7.7k
Hello again. I've been in and out of short positions since $9,550. Currently, I'm looking to buy back half of my position at the $7,500-$7,700 level, and taking profit at $7,200. There are two scenarios that make the most sense to me in the short term. Either a small break up from this falling wedge, or the wedge is invalid entirely and we take the escalator (if not the elevator) down.
With that being said, I wouldn't be the least bit surprised by a break up to $9,100 either. My stop loss is at $8,500 just in case.
With that being said, I wouldn't be the least bit surprised by a break up to $9,100 either. My stop loss is at $8,500 just in case.
Not
Got a bulls eye on the 4hr chart. Not
I never updated this, but I did close my position right around 8k I think when it clearly didn't want to give away. As soon as I made it home from work this morning, the price was breaking out of the small descending wedge, so I took a small long position and closed it near the resistance line. When I woke up, the price had not broken above that line, and now I'm in a small short position again. If I get stopped out, I'm going all in https://long.https://www.tradingview.com/x/j3JW3dmC/
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.