Signal: Short Timeframe: 2H Yellow: Resistance worked Long Timeframes – Context: Red – Bearish
SETUP: SHORT ENTRY @ 10550 SL @ 10751 T1 @ 10301 T2 @ 10101 T3 @ 9801
I appreciate your like or comment. Welcome to share your idea here. PM the author for a one-week free trial of "9 Seasons Rainbow Multi TimeFrames Pattern".
DISCLAIMER This is only a personal opinion and does NOT serve as investing NOR trading advice. Please make your own decisions, carefully assess risks and be responsible for your own investing and trading Activities.
Trade closed: stop reached
⋅
Interesting range and breakout, Bitcoin is appealing like this.
Comment
⋅
Long Wick, Fighting so hard. Reopen short position
Comment
⋅
In case the Yellow becomes Lime and keeps, which may indicate a breakout. Since the range is so long, the breakout can be violent; so as the downside.
Trade closed manually
⋅
At 10670, Bull looks win.
Comment
⋅
Yellow -> Lime: Resistance is overcome.
Comment
⋅
Since the breakout faded, Lime -> Yellow on 2H timeframe, I go short for this signal:
Unlucky on that wick lad, very nice indicator, I use my own custom divergence one which works pretty nicely. Keep up the good work, also signed up to your youtube (shame its not in English :()
ICEKI
⋅
go8686 What a brave open trade
Good luck and happy trading for you short positon =D
go8686
⋅
@ICEKI,
Thank you!
There are some percentage of failed trades, it happens to each trader.
I trade Futures, which need me to watch out small timeframe, thus it may affect my judgement of the big trend. Any way, trading is like this, we have to accept both sides.
ICEKI
⋅
@go8686, I think I understand that; trading BTC futures is much harder than trading others futures....
Don't give up I think your professionalism can make you beat the market soon; happy trading and good luck =D