hiteshbhatia3559

BTCUSD - Fib Short Swing Play

Short
hiteshbhatia3559 Updated   
BITMEX:XBTUSD.P   Bitcoin
Premise:
1. The current unconfirmed hidden divergence will confirm under the 786 fib.
2. The SRSI will then correct downward.

Execution:
1. Scale hedge short between 4625-4743
2. Stop at 4900
3. Target 1 : 4350
4. Target 2 : 3800 (hope not...)

Result:
1. A 6.26:1 RR trade is achieved.
Comment:
Stop moved to breakeven
Comment:
TIMBEERRRRR
Comment:
Target 1 strike
Comment:
Quick update :
Target strike but SRSI didn't correct fully. Holding hedge, stop is now at 4500.
Comment:
Exited short at 4122.
Trade closed: target reached
Comment:
Broke consistency on the background there. Yes, I admit, I sometimes use night mode.
Comment:
T2 strike

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