FTMUSD
- Volume profiles show resistance could not be broken
- Rising Downward Velocity
- MACD Signal Down
- Weis Wave Volume decreasing
- Over extended rising wedge break abt 75% vs 64%
Price Objective back to longer term trend line.
Trade active:
Full disclosure: I entered a 5x short @ $0.3828 on 8/15
Comment:
Still in my short position
Trade closed manually:
I have closed my trade manually. This one is a little different. I compounded my profit back into my short position and made an additional $15. The overall profit on the total trade was $81. I started with $296 and was returned $377.
Comment:
I closed my positions because bitty is dancing around a trend line, and I decided it was a good point to take profit. If downtrend continues and seems rewarding, I may reopen my short, but further confirmation is required.