BTCUSD Perpetual Contract

Short

April 27th Bearish Scenario

Updated

Currently at a pivot point where the market could break either way. This is the bearish scenario I am preparing for.

Trade active

Trade still active. Extending timeframe of this idea to the end of the week, SL set above MA resistance on higher time frame. Looking to potentially hold position (instead of taking profits) if a breakdown is momentous.

Trade closed: stop reached

SL was hit. Trade = Loss

Also on:

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.