RF1508

Bitcoin slowly getting momentum - DOWN !

Short
BITFINEX:BTCUSD   Bitcoin
BTCUSDSHORTS is slowly getting some momentum again.
I have shorted at 4k, reached the first profit target with ease and price is still going down towards the second profit target at 3100.
SL is now below breakeven and a nice profit is secured.

As we are currently in a small consolidation this structure looks very nice to add a bit to the position.
Because we are in consolidation price can only do two things - go up, or go down.......
If price goes up I'll close the position anyway so I add.

Trade safely....


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