skycheah

Short Position for BTCUSD (4 hourly)

Short
skycheah Updated   
BITFINEX:BTCUSD   Bitcoin
Decision : Short
Why :
1) RSI oversold
2) Near to trend line and resistance level

Enter condition : EMA crossover
Exit condition : EMA crossover again or profit meet.

Trade cancel : Price higher than stop loss.
Comment:
Did not enter due to ma didn't cross over however the idea still valid.
Trade active:
Enter sell position at 10462, SL : 10830 and profit set : 8109
Close if 4 hours MA crossover or profit achieve.
Comment:
Sorry SL is 11759
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