cryptobon

short rice ?

Short
cryptobon Updated   
CBOT:QRR1!   None
beardiv this is a play for 4-16 weeks probably

i'm a crypto person, or at least i've started to know the world of markets thanks to crypto. I want to be a player of all markets though, since I have more to gain than to lose by learning to successfuly trade traditional markets as well. I've looked and indeces and bigname stocks for some time just to follow and test ideas. Commodities is an area that looks really interesting to me so I've made a watchlist and looking into if only TA works here.

If you guys could link me an account here with some experience/success/insights on commodities I'd like it!
Comment:
Not a bad idea to take profits here

might run down some more but I think it's likely that we consolidate around 1250 to make late shorters cry and early shorters worried
Comment:
mothafucking RIP rice

great short

this would be a good place to take 90%-100% of what you have left out of the trade, it looks pretty damn capitulated and has a bulldiv formed now. A little lower drop and bulldiv is dead.

A bulldiv is usually buy signal and after capitulating so hard there could be a sweet bounce but you could give away your sweet gains on a not so high quality trade. Worth it with tight stop and not large position maybe
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Comment:
if anyone ever says traditional markets are non-volatile i'll slap you
price action is so funky here lol what a way to chop


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