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kdjfero2
Apr 23, 2018 1:14 PM

BTCUSD Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Waiting for the wedge to break down. Here is a potential set up for a short

Trade closed: stop reached

BTC went parabolic for a moment. When wanting to go short, it's always better to wait until trend line/support is broken.
Comments
kdjfero2
BTC is in a smaller bullish wedge inside a larger rising wedge (bearish). It might make another leg up to ~9.2k before dropping.
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