Paraman666

TRADE #1 - BITCOIN TRIANGLE SHORT

Short
Paraman666 Updated   
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
I think bitcoin is almost ready to move out of this sideways range and I think, price will move DOWN. In this sideways range, all I can clearly see are 3-wavish moves to the upside, however moves to the downside seems 5-wavish - that´s why I have opened SHORT trade, you can clearly see my stop loss and take profit level, but I may change my TP level.
Also check out my new YT video regarding this trade :)
Trade closed: stop reached:
Stop loss hit, I took a calculated loss.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.