TradingView
GA2017
Nov 2, 2022 6:41 PM
Bitcoin short trade
Short
BITSTAMP:BTCUSD
60
Bitcoin / U.S. dollar
Bitstamp
Description
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Nov 2, 2022 6:41 PM
This is the 1hr BTCUSD short trade.
Value area high back to control line.
Comment
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Nov 5, 2022 11:46 AM
This was a stop out because the trade entry was at a control line on a higher time frame value area. lesson learned, don't get too micro focussed!
Trend Analysis
Chart Patterns
Bitcoin (Cryptocurrency)
Comments
JoeChampion
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Nov 3, 2022 12:46 PM
How do you define the TP?
GA2017
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Nov 4, 2022 12:35 PM
@JoeChampion
,
Hello, I would take profit at the value area control line in black, this is like a magnet for price and possible resistance.
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