DariusZen

BAT Short triggered

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BITFINEX:BATUSD   Basic Attention Token
The market reversed since our last BAT trade, where we took good profits on the long and were looking to possibly re-enter long.. However, the indicator signalled a short setup, which triggered us into a short a few candles ago. We now have extreme overextension signals, and we're nearing and nearing a support area. Because of these two things I moved my stop to at least break-even. According to the strategy I'll move the stop down further as new signals are printed, or when a reversal candle appears.

We made good profit on the up move (see our previous BAT trade idea of how we played that), and now let's see what the market does for us.

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