I have to sleep now, so, I close my Long Position, and open short position
Trade closed: target reached
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Long 10x 8900 -> 9050 Success
Trade active
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Time to short
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Good entry I short at 9130
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Nice !!! Forming new lower high
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Touch the upper edge, not problem
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One more time, still keep my Short
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Bet for dump Pattern AB=CD AB = 33 candles CD ~~ 26 candles
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U should see AB and CD And now, you see OBV, he second line is less steep than the first one, his is the Pump deception.
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You can see the lack in the Vol, as well as the weakening of the buying pressure, which is reflected in the declining slope.
Who is buying? I call it "Dirty Bots" Obviously, I will not buy anything, my strategy will be just Short, Short and Short. However, if the price exceeds 9813 then I will close short order first, and I will give out short-term strategy.
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Pump rushing, and without any correction phase, showed that the Bull were so amateur that they behaved like boys in puberty.
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I was thinking about the worst case.
Normally, with these rushes Pump, Bull is under pressure, they are forced to do that, for some reason.
Fib 0.382 at 10.1 and 0.618 at 10.8, but I'm not sure about this, because my strategy is just Short, Short and Short.