Please note that this is in no way financial advice, I would actually appreciate criticism if something here is incorrect.
From my perspective, ETPUSD is bound for a correction, as 5 waves have been complete.
Also, There are currently 15m Longs vs 795k shorts on Bitfinex.
I will be accumulate a short around $3.25-$3.35, with a stop loss at around $3.42 (3.20% risk).
TP will start at the golden pocket area, around $2.65, which should yield an R:R of 6.33/20.15% gain.
Another risk associated with this idea, is the direction that BTC will go.
From my perspective, ETPUSD is bound for a correction, as 5 waves have been complete.
Also, There are currently 15m Longs vs 795k shorts on Bitfinex.
I will be accumulate a short around $3.25-$3.35, with a stop loss at around $3.42 (3.20% risk).
TP will start at the golden pocket area, around $2.65, which should yield an R:R of 6.33/20.15% gain.
Another risk associated with this idea, is the direction that BTC will go.
トレード稼働中:
Orders filled.
コメント:
All going ok thus far. Moved stop loss to 3.12
コメント:
As you can see, EMA 55 is acting as a resistant on a 1h TF.
コメント:
A descending triangle has also formed on a 1H TF, indicating a downtrend. Let's see how long it will take for it to brake down.
トレード終了: ストップロスに到達:
Ive moved my stoploss a bit lower, to 3.08 due to resistances formed, however, they were hit with today's flash pump, when the price hit 3.09 and is now trending at 2.92 (nothing suspecious there)...
トレード終了: 利益確定目標に到達:
2.66 reached today, just 0.01 shy of initial target. Unfortunately I got squeezed out today... something to take away for future trades.
