hav0c

The Tale of a Perfect Short Entry

Short
hav0c Updated   
BITMEX:XBTUSD.P   Bitcoin
Times like these gotta remind myself from here to 6900 is probably going to be an awesome short entry, and it is time to start loading up. the last time we dumped, we fell short of our 0.618 retracement level. that is to say, it was dumped a little bit early, and i'm sure many people missed their opportunity to get a perfect short entry. So if we aren't loading up on shorts and getting distracted by taking long scalps.... what are we doing?
Comment:
two accounts, one for the big picture moves with an appropriate level of margin to account for some wiggle room at the top... and a scalping account to knock ourselves out for long scalps
but the main trades should be with the trend not countertrend
lol i hate how easy it is to lose perspective
and its a bit sketchy now that we havent been making lower lows on our dumps
it wouldn't take a whole hell of a lot to bump btc up beyond our .618 area to fk everyone in a short and trap a bunch of long fomos
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.