Funding indicator painted a sell signal on the 10am. Lets see if we print a few more before dropping, shouldn't see a higher high with funding postitive, a short opportunity should be coming soon.
Comment:
Snagged 2% short. Once I’ve confirmed a decent strike rate with this indicator I’m going to attempt a 5k position each signal. Selling 1k at 1,2,3,4% and leave the last of the position let run selling on resistance or upon reversal signal.
Comment:
2.5% short achieved from candle close I would have sold 20% at 1, and 20% at 2% and closed the trade at entry. I'm still testing the funding indicator at this point. Bull runs make the indicator hard to read. It read much easier when we were flat from Feb - April