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TradewithLu
Sep 5, 2019 2:21 PM

#BTCUSD Short Term Trade Opportunity (Sell)  Short

Bitcoin / DollarBitfinex

Description

Action: Set limit sell orders between $11,034.7 and $10,772.1
Stop Loss: $11191.1
Take Profit: $10505.2
Order valid: 24 hours from publication

Wave 3 was nearly 3.618 x wave 1 added onto the end of wave 2. Due to this, the range for shorting is large and the stop loss is high. In real time, if the price does go into this range, a better way to enter would be to wait for bearish divergence and use this as your signal to enter a short.

Comments
serseriborsaci
Hello. First of all Many many thanks for everything. I think we need your new Idea. Could you please share it with us.
TradewithLu
@serseriborsaci, Hi, Serse, I just got back from holiday, so I will be posting my analysis regularly from now whenever I spot an opportunity
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