OrderID BTCTHB-RR1.3-230510

5 ott 2023

• Trading System = Discretionary using FIB and Pitchfork
  
• Side = Short/Sell
  
• Position = Closed
  
• Volume = All
  
• Order type = Exit
  
• TP = Fib Proj. 0.618, 1, 1.618
  
• Problem & Anomaly = After the volatility peak at the previous highest high. Price has been climbing with exhaustion.
  
• Trader Emotion = Neutral
  
• Mistake & Error = Non
  
• Remark = Using a red downward slope median line to add short positions if the price has reached the 0.618 percent Fibonacci level.
  
• Ideas = This is a classic play shorting at the lower high to expect a lower low. Let's see how the price folds out.
  

23 ott 2023

Trade chiuso: stop raggiunto

Dead wrong. The next step is to reverse into a long position.