tradermoth

Bitcoin - Short term bear idea

Short
BITSTAMP:BTCUSD   Bitcoin
Keep it plain, simple and minimize the noise!

Head an shoulders forming on the BTC 1hr timeframe, this is a bearish pattern.

If pattern is successful, ill be ready to short and take my first profits around $39.5k.

With any trade, ALWAYS be patient wait for confirmations to avoid any fake-outs.

I also have a short term bullish idea that I will post directly after this :)

The key to being a successful trader is to not matter which way the market is going, instead to just constantly profit when the market is up or down.

A good strategy I use mostly is bearish/bullish retest confirmations, once I get the confirmations of whatever pattern I am watching - I enter trades

Might post an educational video showing my POV and strategies to how I have been trading the markets for over a decade, its good to understand as many different perspectives as you can - then develop your own style.

* * At the moment - the market is sideways, choppy and RISKY * *

I have various different set-ups I'm watching and always waiting for confirmations of each one BEFORE entering a trade

Comment your ideas down below :)

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