Bitcoin 4x Fake-Out - Long & Short both get F** - Go Short now. Short

Bitcoin / U.S. dollarBitstamp

Description

⋅ May 20, 2021 3:31 PM

Going short at 42.5K BTC/USD

Last Double-fake out pattern has been confirmed.

Lets see if it does an other double fake out.

Short @ 42.5K

TP around 30-32K

Trade closed: target reached

⋅ May 25, 2021 9:40 AM

Closed at 31500 as Expected

Comments

Traveler4774

⋅ May 20, 2021 3:35 PM

You may be right.....kind of expecting the same thing bro.

QW-Trading

⋅ May 20, 2021 3:36 PM

@Traveler4774, Interesting to see this play out now.

goldbergm6

⋅ May 20, 2021 3:57 PM

@Traveler4774, I'm on board with this as well... This correction was highly expected, but we're still in this bear run.

It could definitely turn around sooner than we think. But we will see what happens over the next 24 hours to give us a better understanding.