Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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The parallel channel i spoke of in part 1 has been broken and looks like it may now be resistance. Ive opened a large short at the top of it 9402 but will drop it quick if it breaks above 9420
Comment
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Comment
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I had to quickly post and get back to watching the action but the drop was way too far and we have gone complete bearish, as of right now I see no path other then down and thus my series is at a close.
I dont like to trade when I don't see both paths. Beyond my short from 9302 that is set to stop at even (including fees). Too many crazy surprises tend to happen when only one path is seen.