gangaffiliated

Short Idea on BTC/USD

Short
KRAKEN:BTCUSD   Bitcoin
Looking for a move down after the largest sell volume we've seen on this uptrend, in addition to the fact that price couldn't move up to the top of the channel the next time it tried to move up. My entry was at the blue dashed line and my stop loss is marked by the red dashed line. The red dashed arrow is the move down that corresponds to the large sell volume that is circled. Use proper risk management

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