Another example of how BTC trades so technically well (and the reason why I love BTC). The alignment of all these strong fib levels makes 28.4k an area of high liquidity and since BTC is always on a liquidity hunt, it was always destined to go there....and it did...perfectly.
I'm truthfully mad at myself for missing this level, it's something I should've found as it's been there since May 14. I chalk it down to me being distracted the past 2 weeks and not putting 100% into my TA.
Fortunately, due to more bad trading practices, I didn't get stopped out of my short, despite the fact 28.4k is outside of my original SL of 28.1k. Was in London at the time, so the alerts for when BTC was approaching my SL went off in the middle of the night and woke me from a deep slumber. I saw that BTC was showing weakness, so I made the half-awake decision to remove my SL and shortly after, I fell back into involuntary unconsciousness, blissfully temporarily unaware of the consequences of having an open trade with no stop loss while I'm sleeping.
Although I'm still in my short, since BTC went out of my original PRZ, my targets for my short have now changed, in addition to a new bullish scenario. To avoid cluttering this chart, I'll post my new targets, TA, and my thoughts on next scenario separately.
I'm truthfully mad at myself for missing this level, it's something I should've found as it's been there since May 14. I chalk it down to me being distracted the past 2 weeks and not putting 100% into my TA.
Fortunately, due to more bad trading practices, I didn't get stopped out of my short, despite the fact 28.4k is outside of my original SL of 28.1k. Was in London at the time, so the alerts for when BTC was approaching my SL went off in the middle of the night and woke me from a deep slumber. I saw that BTC was showing weakness, so I made the half-awake decision to remove my SL and shortly after, I fell back into involuntary unconsciousness, blissfully temporarily unaware of the consequences of having an open trade with no stop loss while I'm sleeping.
Although I'm still in my short, since BTC went out of my original PRZ, my targets for my short have now changed, in addition to a new bullish scenario. To avoid cluttering this chart, I'll post my new targets, TA, and my thoughts on next scenario separately.
