BITCOIN SHORT POSITION SET UP (9 WINNING SWING TRADES)

7 Kas 2019

I rarely do any prediction here due to time constraint. Last long position has profited with 50% (x10 Leverage) and it was 9th winning swing trade. This should be another easy swing trade here.

SHORT POSITION (BITCOIN)

Set Up *1
Entry Prices: $9150-$9400

Take Profit: $8900-$8350

Stop Loss: $9700

Risk:Reward= 1:2-1:5

Set Up *2
Entry Prices: $9193-$9350

Take Profit: $8900

Stop Loss: $9500

Risk:Reward= 1:1-1:3

High hidden sell momentum, low buy momentum with previous higher high at $9800. Both support and resistance have been retested twice. However with the bearish signs with low buy momentum, low volume, close to triangle's breakouts, I will prefer to short here. You can also open only if it tested 9100 once again to weaken the support.

15 Kas 2019

İşlem kapandı: hedefe ulaştı