Entry --> 9154 Stop Loss ---> 9110 Take Profit--> 9310 Risk/Reward --> 3.2
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Trade closed: stop reached
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I would love to lie and say I miraculously moved my stop loss down and avoided being taken out but that wasn't the case. Stopped out prior to price smashing target. It happens. On to the next one.
Nice ideas!
We agree it might be the time to take long, but we would probably wait for another confirmation.
While we are bearish for the mid-term, there’s currently a good long side scalping opportunity developing. The margin traders on both Bitfinex and BitMEX are overly bearish for the short-term, and this may lead to an upward BTC move once the short-term open interest picks up more.
What do you think of our setup below?
We agree it might be the time to take long, but we would probably wait for another confirmation.
While we are bearish for the mid-term, there’s currently a good long side scalping opportunity developing. The margin traders on both Bitfinex and BitMEX are overly bearish for the short-term, and this may lead to an upward BTC move once the short-term open interest picks up more.
What do you think of our setup below?