Yet another big pin bar on the major cryptos. I was stopped out of my previous short positions and this is why i do not place buy orders on breakouts in the crypto sector, the amount of fake breakouts on this current bull flag is mind blowing. We have yet another fake breakout reversal. This action leads me to believe that the drop coming will be truly rewarding so im back in there with yet another short . And of course it doesnt need to be stated that trading this situation without stop loss orders is potential suicide!
Trade closed: stop reached