SteveX1

XBT/USD

Short
SteveX1 Updated   
BITMEX:XBTUSD.P   Bitcoin
Once again at resistance
XBT has bounced of this level 3 times this year.
RSI has not spent much time above 78
Taking a short position
ENTRY 4090
SL 4250
TP #1 3565
RR - 3.29
Comment:
BOOM So the 5th attempt is the one that breaks through. Is this a real turnaround or a fakeout?

Watching volume and PA for possible reentry to short

I post my trade ideas as a tool to check historical results and improve. Any comments, corrections or criticism are welcome. Progress not perfection.
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