BTC 4hr Long scalp Long

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

⋅ Apr 23, 2020 9:52 AM

Risk/Reward: 1.0
Target: .618 fib
Entry: Trend line +.382 fib
Support: 200SMA + Swing low

⋅ Apr 23, 2020 11:04 PM

Entry missed

⋅ Apr 24, 2020 12:52 PM

Missed entry. Triangle broke to the upside as expected and hit next resistance area we had marked.

Comments

aboutpsm

⋅ Apr 23, 2020 10:06 AM

if you think it's going down that level, why don't you have a short position here??

MrKrabsTrading

⋅ Apr 24, 2020 12:11 AM

@aboutpsm, I dont like the risk/reward of a short there and i also do not want to trade against the trend