Bitcoin
Short

BTCUSD: Over the edge

Aktualisiert
Currently short.

4-hr, 1-hr bearish divergence. Lower high on the 15 min timeframe, sideways out of a rising wedge. Wicks in both directions (liquidation / stop hunt).

Target range is wide, from 6400 for a small retracement down to 5.8k for deeper retrace.
Anmerkung
Failure to make a new significant low, i may close this short soon. Stoploss inside break even ensures no loss from the trade
Trade geschlossen: Stop wurde erreicht
Trade closed, stopped at break even. Risk management is key for saving you $$$$
Trade ist aktiv
Re-opened trade at 6695 on exit of the wedge, with bear divergence (again second time).

Stops now at break even.

Snapshot
Anmerkung
Risky to short from 6350 now, risky to buy (go long). Going flat. Waiting
Beyond Technical AnalysisBTCUSD

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