DatCryptoBoi

BTCUSD: Over the edge

Short
DatCryptoBoi Aggiornato   
BITFINEX:BTCUSD   Bitcoin
Currently short.

4-hr, 1-hr bearish divergence. Lower high on the 15 min timeframe, sideways out of a rising wedge. Wicks in both directions (liquidation / stop hunt).

Target range is wide, from 6400 for a small retracement down to 5.8k for deeper retrace.
Commento:
Failure to make a new significant low, i may close this short soon. Stoploss inside break even ensures no loss from the trade
Trade chiuso: stop raggiunto:
Trade closed, stopped at break even. Risk management is key for saving you $$$$
Trade attivo:
Re-opened trade at 6695 on exit of the wedge, with bear divergence (again second time).

Stops now at break even.

Commento:
Risky to short from 6350 now, risky to buy (go long). Going flat. Waiting

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