UnknownUnicorn540299

Btc short

Short
BITSTAMP:BTCUSD   Bitcoin
Ref chart for target.
Do you own DD for SL on this setup.
Comment:
Just set SL = 7483 (BE). It might get stopped out, but it is also likely that you can get a spike up that makes things difficult. I dont like that it spends so much right under the level. Would be better with just a quick hit and drop.
Order cancelled:
Exit at BE. I prefer hit and run trades. Level perhaps too obvious now. Best setups you get on levels that people cannot see yet.
Comment:
Hunch was correct. You dont want price to stop and hesitate at a level. Often end up in breaking it.
Comment:
Approaching resistance level 7883;
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