STRONG REJECTION AT CRITICAL BULLISH LEVEL + BEAR FLAG FORMING AT 4HR TIME FRAME = LOOKING FOR SHORT SETUPS KEEPING IT SIMPLE. WML ___________________________________________________ Specifics:
Entering SHORT at break of 7700 support:
TARGET 1 - 7299 TARGET 2 - 6750 TARGET 3 - 6200
Stop loss - 8120
Criteria: - Inverse AOTS - Bear Flag pattern
Entry Criteria: - Breakout and close past 7700 - High volume upon breakout
Not
Target 1 and Target 2 hit. Closed 50% of position.
XBTUSD broke out of a 15 min falling wedge. Looking for another short position around 7250 - 7600
Not
Correction:
Looking for short @ 7130 - 7250. Reasons: - Between 0.618 & 0.5 Fib retrace - 7250 Resistance - 20MA Resistance
Not
Closed remaining 50% of my position at 8850 as I went to bed.
Trying to protect my profit (I had a hunch that price may go back up to 7500).
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.