We could see another opportunity to scalp short BTC here. I have closed last night's short entirely at $6,450 for 9% profit but if BTC breaks the diagonal support and retests I will open another short position with target $6,395.
Trade closed: target reached
Target hit for 18% realised profit.My actual stop loss was set at $6,500, rather than the value reported by TradingView above.
Note
Here's how I should have charted my short position:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.