My open short position is failing because I entered it only because I expected it, and now, because of my persistence, I will suffer a loss because I gave a bad position because of my persistence ...
Never, never trade like this.
I saw a strong level, I saw a flat zone ...
And I also know that the bisector of an expanding triangle in an uptrend, if it breaks out, the price always goes out of its range.
And also, we have an upward range with a support zone.
Also, there is a hammer + volume candlestick - which indicates a trend change (price direction)
Also indicators MACD and RSI.
Everything pointed to a trend reversal, but I - ... I will not swear here, now I have a loss, and I am ashamed to admit that I was mistaken for so many positions and for the first time - i have a loss (big loss) ... I made a mistake because i gave the wrong recommendation ..
if it succeeds (judging by the inverted hammer), the price should return - and I will be able to close this position at breakeven.
If not, I will suffer a 1.2% loss of my crypto portfolio.
So, I ask each of you - do not trade on your beliefs and your visions.
Only the graph, only the volume, and only the correct analysis.
if the price is brought back beyond 36500, I will reverse the position with an increased lot. But i know this - an ascending triangle without a correction, it is often broken down
All traders, please , don't forget for this⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
I ask each of you to consider your own risk and money management. Do not trade with a large "X10-X100" and always place a stop loss.
Mastertrading2020
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Sorry about your loss you are right. trading on beliefs may take you to the wrong direction.
solitude92
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I just do your mistake with same evidence that I choose to ignore that time:(
Thanks for posting this <3
UnknownUnicorn13204076
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@solitude92, Hello my friend, I am sorry for this position and I know that many will suffer a loss today. I will try to fix this and not disappoint you again.
if the price is brought back beyond 36500, I will reverse the position with an increased lot. But i know this - an ascending triangle without a correction, it is often broken down
RSi in 30m TF - go down
I open a short position at such a mark as 36120
Short: 36120
Targets: 34770 - 33840 - 32630 - 31780
Stop Loss: 37000
All traders, please , don't forget for this⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
I ask each of you to consider your own risk and money management. Do not trade with a large "X10-X100" and always place a stop loss.