Keep it Simple!XBTUSD

BITMEX:XBT720

Bitcoin / US Dollar IndexBitMEX

Description

⋅ Jul 1, 2018 3:13 PM

Swing Trade: XBTUSD
Shorted at 6353-6400 usd
Reason:
1)Stoch RSI:OVERBOUGHT
2)Hidden Bearish Divergence

Trade closed: target reached

⋅ Jul 2, 2018 3:31 PM

Close the Short at 6250 usd
Looking to short near 6700-7050 usd zone

Comments

Alteroc

⋅ Jul 1, 2018 3:34 PM

Target in your opinion?

Samriddhee_Techlabs

⋅ Jul 1, 2018 3:37 PM

@Alteroc, safest target could be 6000-6130 usd.
Closing positions partially(50%) would be better and keeping the rest for bounces zone as mentioned in my previous chart.

Alteroc

⋅ Jul 1, 2018 3:39 PM

@Samriddhee_Techlabs, Thanks I had 6130 as a target as well :)