Here is my chart for BTC. We are currently in a range (RH, RM and RL) with support and resistances confirmed by weekly candles.
I have taken a short position at 8512 right now. Targeting 8268 and 8168.
I have taken a short position at 8512 right now. Targeting 8268 and 8168.
Comment:
Position from 8,510, apologies for the typo.
Comment:
Target 1 hit +2.6R and +4.5% profit.
Moved stop loss on the rest of position to break even.
Moved stop loss on the rest of position to break even.
Trade closed: target reached:
Closed rest of my short position at 8,313 +2.4R and 4% profit.
Reason: dont like bullish SFP on LTF and 1hr candle closed above monthly open. My priority is to preserve the capital.
Daily outcome: +2.5R and +8% BTC profit.
Reason: dont like bullish SFP on LTF and 1hr candle closed above monthly open. My priority is to preserve the capital.
Daily outcome: +2.5R and +8% BTC profit.