BTCUSD: Downward Pressure Race w/3h Energy & 6h Red RSI - Part 1
Hi Everyone! Quick Post to point out downward pressure continues for a while yet. I wanted to point out something quickly for the Day Trader before creating another publication.
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UPDATE:
This was a SIMILAR SCENARIO posted January 8, 2021 with this drop down. Does this mean we are doing the exact same thing? Not necessarily... The only reason I'm bringing this to your attention is in regard to getting in and getting out quickly on your margin shorts and how to use the bollinger bands in the scalping group of time frames in conjunction with the short term group of time frames to decide WHERE to close your margin short and prepare POTENTIALLY for another margin short. There was also an opportunity to margin long after the margin short. How to do this will be shared in more detail on another platform.
Margin Short Like a Professional Using Phoenix - Part 2
This was a SIMILAR SCENARIO posted January 8, 2021 with this drop down. Does this mean we are doing the exact same thing? Not necessarily... The only reason I'm bringing this to your attention is in regard to getting in and getting out quickly on your margin shorts and how to use the bollinger bands in the scalping group of time frames in conjunction with the short term group of time frames to decide WHERE to close your margin short and prepare POTENTIALLY for another margin short. There was also an opportunity to margin long after the margin short. How to do this will be shared in more detail on another platform.
Margin Short Like a Professional Using Phoenix - Part 2
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6h TF: