BTC has been on a massive move past couple of months, now after breaking ath it is in a rising wedge with rsi bearish div. Besides this the volume has also been going down showing that this move is weak and most likely will resort in a bounce back to 60k and maybe lower.
And countertrading the majority has shown to be a good idea, short when everyone is euphoric, long when everyone is in dysphoria
Invalidation will be closer above new ath 3.5 R:R
And countertrading the majority has shown to be a good idea, short when everyone is euphoric, long when everyone is in dysphoria
Invalidation will be closer above new ath 3.5 R:R
Trade closed: target reached:
TP 1 achieved, closed 50%
CPI is negative today so leaving the rest run. 60k still looks good
CPI is negative today so leaving the rest run. 60k still looks good
Trade closed: target reached
Comment:
Amazing trade 15% no leverage.
Trade closed manually:
One of the best trades on my profile. Went perfectly as predicted. this shows that no matter how others talk about the market, trust your own set-ups.
Closed all shorts here, we will move higher.
Closed all shorts here, we will move higher.
Could bounce back to take short liquidity at around 75k . Short again after that.
All in all good trade.