Still bearsih, this is last attempt for bears, if we stay here for long or break above the blue line it is game over for bears. Until then I am short.
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Average short was 11960 and I closed 11490. Now I am looking for a break under the orange line to go full short
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copy paste to slow... lol
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Short position is locked in profit with stop in place. If we break that bottom orange line I am doubling down since then we have a high probability to test 10500.
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waiting for 30min close for more confirmation all stops well in profit
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Opening new short position with tight stop
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Took longer than expected but got a bigger fill. Happy with my trade well worth it.
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This could be a short stop, more downside
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Full roadmap, I am counting on A and am still short from the top. Stops are well in profit so no worries
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Forgot to update this thread but was in profit it completed as depicted, great surfing. hit under 10k. Updates in other threads.
Trade closed: target reached
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Took way longer than it should but completed with more waste thrown out.
i agree. if it pops above 11.95k it'll get interesting but H4 says it's (over)due for a correction.
apeliquidation
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@famuz, agree, close above 12.2k would be bullish, but this whole move seems somewhat artificial.
famuz
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@brezcasni, i totally agree, it's artificial. it broke the resistance from JUL 20th quite solid, but still, it's like an emu trying to stretch its head further than physically possible. at first glance it looks like a trend reversal, but it doesn't stand on a solid basement. guess this is why we see the sideways motion. if this goes on for longer than we might see the necessary pop above 12k, after that i have no real prediction.
@brezcasni, 24h later. we tested the upper resistance a 3rd time now. if this thing follows any market rule, it has to come down. if you look at 6mth/daily it kinda blares in your face: "correction coming" - i'd love to see that. 8k please.
@brezcasni, don't want to say i was right, but i was. right now all i can see that price is leveling out in that obvious neutral wedge. H4 says not much (but still a bit) of a correction possible, weekly RSI still says "get ready to drop some more".