Not short, but not margin long

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
439 2 8
Reasons to close out MARGIN LONGS (still holding BTC             coins):
- Weekly R2 Pivot Level
- 200% Fib Extension
- Williams % R = Oversold
- Bearish Momentum Divergence
- Bearish OBV Divergence

Possible area to start looking for long positions = 68% - 72% retracement zone
Nice. I was actually wondering if/when a temporary pullback like this would happen. I would like to add from Wyckoff theory:
"A jump is a relatively wider price spread move made on comparatively higher volume that penetrates outer resistance or support. A backup is a test that immediately follows the jump - a relatively narrow price spread reaction or rally on comparatively lighter volume that tests and confirms the legitimacy of the preceding price action."
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out