Beschreibung
⋅ Hi all ..
short open - 1470
target - 1100
Support - 1000
Resistance - 1500
stop - 1575
Trade ist aktiv
⋅ Closed the first short, was online as it started to move up, closed at break even.
Short again from 1795.
profits 25% steps
1500 - 1350 - 1200 - 1100
have a trailing stop below 1500 which should allow for profits to be locked if it bounces.
Kommentar
⋅ still short but the profit on the first trade was too much to resist, i closed at 1420 with a very good ROI..
the bounce was to be expected with short squeeze & fresh money waiting to buy spot.
i have shorted the top expecting a dump which is happening, shorted 1570 when it ran out of upward momentum.
will be expecting a lower low on this leg dow... target still 1100-1200 on target time frames.
Trade geschlossen: Stop wurde erreicht
⋅ stop hit on the second short..
broke even combined on both trades