The short setup is based on a simple strategy, so this might not work out but it will be a good "hedge" for me personally based on the daily TF as first warning sign since a long long time on BTC .
Weekly also a "freecandle" so higher odds on this one. -> refers to something if a candle is opening outside of the bband and has a high chance of reversal back to the mean if the following candle closes inside the band again (clearly the closing inside part is missing and this could continue being outside due to a strong trend).
Also sunday 22:00 UTC wallstreet for BTC start to trade. DUMP IT ON THESE FUCKERS! - IB allows them only to go long with 50% Initial Margin.
Let's see how it will play out.
red = okex 3m
green = bitmex 3m
white = bitmex perps
6days until new 3m contract btw!
the long with the good entry still active and holding but with current long we are offsetting some of that exposure and see how this will play out.
Remember 22:00 UTC futures are coming live -> stay as flat as possible due to crazy reactions