pangx623

BITCOIN - Short using BITO ETF

Short
pangx623 Updated   
AMEX:BITO   ProShares Bitcoin Strategy ETF
Triangle consolidation setup. Main trend is down. A 5:1 reward/risk opportunity.

Take profits fast as sentiment is at extreme bearishness. The world is ending, inflation is out of control, war, interest rates etc etc..
Trade closed: target reached:
Target reached, put in profit back stop above today's high to lock in profits
Trade closed: target reached
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