TradingView
ProDukeSadudee
Oct 5, 2023 8:46 AM
OrderID BTCTHB-RR1.3-230510
Short
BITKUB:BTCTHB
1D
Bitcoin
BITKUB
Description
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Oct 5, 2023 8:46 AM
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.
Trade closed: stop reached
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Oct 23, 2023 5:35 AM
Dead wrong. The next step is to reverse into a long position.
Chart Patterns
BTCTHB
fibonnacci
pitchforktrading
riskreward
More