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UnknownUnicorn13204076
Dec 22, 2020 8:46 PM

Open a new short Position (Last Short +860pips) Short

BTCUSDT SPOTBybit

Description

Hello dear friends, I am writing to inform you, that I am planning to open a short position from the current prices.


Because we have strong levels, the price is sandwiched between them, and in my opinion, they form a "head and shoulders" pattern

We also have a bearish triangle drawn on the chart, and the price is again near the strong level of the market maker.

The volume falls - the price rises.

Perhaps I am disconcerted, but I again made such a decision for myself!

Sell 23400
Targets: 23100 - 22870 -22650-22440
Stop loss: 23950


I also open one large short position - from this price 23380

Sell:23400
Targets 22500-21950-21360-20820
Stop Loss: 23950

I understand that everyone is waiting for the price to return, and that it is impossible to trade against the trend, but I don’t want to open long positions, I just don’t want to, because there are many facts for me about the price decline ...

Comment

Comments
UnknownUnicorn13204076
I will not open any position, neither long nor short. Because these price movements are very suspicious. yes, I sometimes trade against what I write, as in one of the ideas I wrote about "impulse-> corrective movement and impulse up to 25-26-27k for one bitcoin." If this is confirmed, then I will open a long position on the price pullback. I will look by patterns, candles / bars and I will inform you. Today was a very difficult day in terms of trading. need rest Yes, I almost forgot Happy Holidays to everyone. I wish you a good time, health and all the very best for this to come true and everything to be good with you. P.s Merry Christmas and Happy New Year 🎄🎆

🎇🎉🎄🎊 Money is money - and health and happy life - first of all.
Mastertrading2020
@Opptrade,

The same to you. Happy Christmas.
UnknownUnicorn13204076
To be honest, I admit that this short position was very dangerous, and it could have been closed with a large stop loss. But even on these brands we managed to earn a little. I confess I kept an eye on the price all the time. and tactics: "after the first take profit, stop loss often helps at breakeven"
UnknownUnicorn13204076
2 targets for the first position, reached, stop loss for both positions at breakeven
Mastertrading2020
Hi,

I also have opened a short 23447 let's see. Thanks.
UnknownUnicorn13204076
@Mastertrading2020, hi dear friend, i really hope you made money and didn't lose because i was on the verge of closing the position after reaching 23950. but nevertheless, we did not make much money, but we did and did not lose when we moved the stop loss to the previous high. I really hope that you also follow the rules for trading with stop loss.
Mastertrading2020
@Opptrade,

I have made around 670 pips today in a few short trades I am just hoping price goes down to 20000.

It looks there is a strong support at 22800.
UnknownUnicorn13204076
stop loss moved to level 24350. (I know you can't do this, but we have another strong level, namely 24000-24250.
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