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ADA/USDT Shorting Pinbar at 4H Resistance
Cardano / TetherUS
Short
ADA/USDT Shorting Pinbar at 4H Resistance
By AmpFury
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Updated
Jun 30, 2020
7
Jun 29, 2020
ADAUSDT
Short position on pin-bar at 4H resistance.
Stop placed above boxed out, relative key rejection zone that's held for around 6 days.
Targeting lower support for a 1:45R with potential trouble area around 0.08085 still offering 1:1R
Jun 30, 2020
Trade active
Went to sleep on this one assuming I'd wake up to a green screen.
How my stop didn't hit i don't know. Good placement and a dash of luck i guess.
Will manage today and hopefully watch market structure play out to the downside.
If entry zone looks to become support cut the trade.
Jun 30, 2020
Trade closed manually
Closed tarde out at B/E.
Entry level now looks like it could be closer to forming support on both the 1H and 4H.
At this point i feel I'm shorting support and a newly formed lower high and thats not part of my system.
cardano
cardanousd
Chart Patterns
cryptotrading
AmpFury
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