We have had some strong selling moves this weekend which could mean a potential Reversal or at least some significant Profit taking. The fib levels do retrace to an approximate 10% gain to the short side. The SL is very aggressive and maybe taken out over night (standard BTC manipulation) Therefore I have left my stop open and not overly leveraged so not too much of a concern!
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Managed a few quick trades off this analysis. Crypto currently too bullish for countertrend swings. Will stick to scalps until reversal confirmation (he says)
You messed up again. And you've been consistently messing up shorting BTCUSD. Isn't this your 10th post about shorting? Isn't this rookie mistake 101 to go against a prevailing trend?
Shibuia
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Let's see if this is better then the last BTC short idea...
@Shibuia It isn't going to be better. Statistical speaking the author is making a common rookie mistake going against the trend. Especially as he has no real research to suggest otherwise.
Double-Edge-Trader
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@innocentAccoun35113, This great advisor returns to spam people posts. Come with some fake ass account and no ideas published. Go do one
innocentAccoun35113
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@Double-Edge-Trader You shouldn't hope, you should trust your research - if you had any.
@Double-Edge-Trader Ha! All you did was place a fib retracement on a chart and spout "hopeful" rubbish. I'm sorry that your readers keep calling out your hopeful guesses.
@Double-Edge-Trader It's odd. Again you've ignored the problem ( your hopeful guess) and trying to shift the focus. I didn't post any ideas, research or guesses to guide rookie traders to their account deaths. You did that.