I would hope that isn't financial advice, good luck with that. I am a contrarian trade but that's suicide. Yes it could make it there but the risk isn't worth it for such a small move and if you use too much leverage you will get destroyed in this low volume market. Look at higher TF's. If too many don't jump in with high leverage it could hit 21k. I have a short in at 21 to add too my position. It is a liquidity grab for the larger down movement.
MHasnain
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@Z3R0-G3N3S1S I respect your analysis and suggestions but I am in the trade with the risk to reward mentioned, I m not over leveraged my risk is managed so let see how it plays
pike409
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man. thats a lot of minus.
Z3R0-G3N3S1S
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Cool,. as I said it very well could get there. Target is reasonable and I have a short order above it, so obviously I believe it to be very likely.. I was just trying to give you a general heads up of what could come shortly after, but you seem to be aware. My apologies.. The way I wrote that sounded bad and it wasn't meant to be.