Jun0429
Short

BTCUSD - SHORT

BITFINEX:BTCUSD   Bitcoin / Dollar
30mins Chart, BTC will most likely bound between the downwards channel.

Current SRSI is overbought and short at the upper edge of channel will have a bigger win rate.

Take profit at lower end of the channel, stop loss once it breaks the previous high around 7450.

This is my intra-day strategy to to "hedge" my BTC position, please trade based on your own analysis and risk preference.
Kommentar: If 6950 support breaks, BTC may test next support around 6750 area, which also is the lower end of the channel, then we will likely to see a bounce back.
Trade wurde manuell geschlossen: Short position closed @ 7100 while there was a higher low and lack of sell pressure.
But I did not enter long position either, just watch what it gonna happen next.
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