Hello dear friends.
The crypto market is nothing new.
Yesterday, in one of the social networks, I published the second entry into the short position.
It was a pending order for 19555, and it worked with precision. Earned 500 points from one position.
Since the take profit was at 19055.
I wrote to you that I expect such a movement, where there will be an impulsive breakout, without consolidation of such marks 19450-19500.
This happened.
We closed the previous position at 19200 at 19185. Since the last position was more profitable, I don’t want to risk my own, let alone other people's money.
But back to trading.
I'm writing this idea and watching the price get to the 19500 mark.
But I'm still short.
There are many factors behind the long, though.
Namely - 1d chart - an ascending triangle has formed, which is very strongly pressed to the upper border.
This is uncertainty in the market, and many are now waiting for an update of the peaks, since we had an impulse, a correlation and should have an impulse in the same direction as the previous one, as well as news on the SOR 500, Dov Jones and the adoption of the coronavirus vaccine. But I expect a decline, and for this I have many factors such as: -Double bottom - where all traders are waiting for continued growth. -CME - DECEMBER 16 -Long positions are much more than short positions. -Two large GAPs on CME (1000 points each) - Compression without breaking the strong level of 19650. Japanese candlesticks on the 6-hour TF,
and I confess that I do not even plan to open a long position.
Because when all the Internet is not according to the rules of trade, I use my instinct.
And you know, I'll open another short position from 19520,STOP LOSS 20020
The crypto market is nothing new.
Yesterday, in one of the social networks, I published the second entry into the short position.
It was a pending order for 19555, and it worked with precision. Earned 500 points from one position.
Since the take profit was at 19055.
I wrote to you that I expect such a movement, where there will be an impulsive breakout, without consolidation of such marks 19450-19500.
This happened.
We closed the previous position at 19200 at 19185. Since the last position was more profitable, I don’t want to risk my own, let alone other people's money.
But back to trading.
I'm writing this idea and watching the price get to the 19500 mark.
But I'm still short.
There are many factors behind the long, though.
Namely - 1d chart - an ascending triangle has formed, which is very strongly pressed to the upper border.
This is uncertainty in the market, and many are now waiting for an update of the peaks, since we had an impulse, a correlation and should have an impulse in the same direction as the previous one, as well as news on the SOR 500, Dov Jones and the adoption of the coronavirus vaccine. But I expect a decline, and for this I have many factors such as: -Double bottom - where all traders are waiting for continued growth. -CME - DECEMBER 16 -Long positions are much more than short positions. -Two large GAPs on CME (1000 points each) - Compression without breaking the strong level of 19650. Japanese candlesticks on the 6-hour TF,
and I confess that I do not even plan to open a long position.
Because when all the Internet is not according to the rules of trade, I use my instinct.
And you know, I'll open another short position from 19520,STOP LOSS 20020
