I've opened a short here on CRV, unfortunately in the rush of FOMO I made a cross margin 5x instead of a isolated 10x but in any case I think we'll reach the target soon. CRV pumped +17% yesterday so a 7% retracement is acceptable.
In case you short use stop loss or just stay in front of the screen all the time until price gets to a safe zone and you can set a SL in profit
In case you short use stop loss or just stay in front of the screen all the time until price gets to a safe zone and you can set a SL in profit
Comment:
I entered the short too soon but by chance with a low leverage so I didn't close it because I think that the bounce against the resistance happened already and from here it should really go down
Trade closed: target reached:
I've bought back at 2.44 after 3 days of short... Iwas bored and I didn't want it to risk a sudden pump. Unfortunately I made a mistake while shorting so my profit was minimal (5x instead of 10x) but a gain is always a gain. Next time I'll have to time better my entry, as usual!