If BTC gets rejected at 18800

12 dic 2020

I would normally not advice to short in a bullrun.
But becasue I made some nice profits with shorting from 19500 area and 18600.
I can't help myself with looking down again.
There is a big chance we go to 14k.
If so I think maybe my descending channel gets respected again.
But most of the time when a trend gets too obvious the opposite happens.
So beware with this trade, only trade this if you see a big fat rejection.

Risk/Reward Ratio is 9:1

Enter SHORT = 18745

Take PROFIT = 17090

Good luck !

12 dic 2020

Trade chiuso: obiettivo raggiunto

I am in the short from 18820.
Let's see what happens.

12 dic 2020

Trade attivo

We had 5 rejections at 18800, we can now put or stop loss on our entry to make sure we don't make more losses then needed. It looks like p[rice of BTC wants to move higher, very big chance this trade is lost.

12 dic 2020

Trade chiuso: stop raggiunto

STOP LOSS with no loss... failed trade

12 dic 2020

Trade attivo

RE- enter at 18923 - stop loss on entry (last try)

13 dic 2020

Ordine annullato

fell asleep, forgot to tell. Stopped out without any losses again. It's time to stop shorting ;D