BTCUSD Perpetual Contract
Updated

#Bitcoin - Triangle - Scalp long again

211
Yo guys, back with another scalp

yesterday BTC held 6750 nicely & we caught 150$ move up from 6900

Now once again I shorted from 71xx (as I mentioned on short telegram channel)

will risk a long again around 6900, I am neutral at the moment & trying to scalp every 200$ move on 25x leverage with the 50% account

this long will be only a HEDGE meaning I will use same position size I use for my shorts (in this case 50% of scalping balance)

6900 might be support for the bulls now, it lines up with the Fib golden pocket & also trendline support, keep scalping 200$ moves till BTC make a BIG move

I am not leaving bids, for now, make sure to follow me here cause I will update the timeline once i enter in the trade

i like to wait & see the reaction at the level rather than hoping price will react the way we want.


Also keeping this Plan B ready in case we bounce before 6900

IF we bounce before 6900 then
Note
Plan B - BAT Idea looks invalid, might be forming a H&S snapshot

not rushing in any new positions
Order cancelled

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.