BTC Downtrend for next hours Short

Bitcoin / U. S. DollarKraken

Beschreibung

⋅ 1. Febr. 2018 01:13

I know it's pretty basic and simple, but I'd like to know what experienced traders think about it and how to improove it. Thank you.

Trade wurde manuell geschlossen

⋅ 22. Febr. 2018 01:36

Kommentare

christoffermadsensmail

⋅ 1. Febr. 2018 12:38

You got the trend right.
You then see the bear flag from 2018-01-31 18:00 - 2018-02-01 10:00, which was the breakdown of the consilidation of the last swing low. Add the confluence of stoch RSI oversold and looking to cross. That would be your trade. Tight stop and nice R/R. Good trade overall.

christoffermadsensmail

⋅ 1. Febr. 2018 12:43

@christoffermadsensmail, Technically it was a symmetrical triangle, not a flag.

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