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WillNixTrading
8. Mai 2018 14:50

BTCUSD (XBTUSD) - Looking Bearish Short

Bitcoin / DollarBitfinex

Beschreibung

See the description on the chart

I will update the chart when i have ten likes.

bitmex.com/register/2Zkkvg

Trade ist aktiv

Short 15x

Looks like we took option A here, and broke through the resistance -

Kommentar

Be careful Guys,

Tight Stop Losses - This could always be a Bear Trap.

I have a trailing stop to lock in profits and close me out at the first glint of a reversal.

However, I have NO take profit in place, maximizing my upside in times of the dump

Trade wurde manuell geschlossen

We hit that support #1 - after breaking through and confirming below the CYAN trend Line -

Im going to put together a new chart as things develop.

I am NOT in a bitcoin trade at the moment.
Kommentare
WillNixTrading
Be Careful Guys - Its a tricky market - and there are always traps in this crypto market

1) Dont go to sleep with open positions
2) Set Stop Losses and take profits to control you R:R ratios
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