I am very happy that I was patient long enough and waited with the entry for the right moment. Im trading now since 3 Years and i crashed my bitmex/bybit account 4 times - 100%. It didn't hurt that much even though it was/is a lot of money for me. I've stayed with it all these years and can say that my trades have improved significantly, especially in the last months. Im up 182% at the moment on this trade, and will take some profit if price goes back up to $6377.
I NEED YOUR OPINION. I have drawn the red trendline in the chart and in the rsi as I think that this is a bearish divergence. Would you see such a formation in the rsi as a bearish divergence? And this is also why i think that this is NOT a fake out!
Otherwise I have marked my golden pocket. The 61,8 to 65% Fib Level. This my area where i will take all profits and maybe reshort later
I will try to post now every trade im taking because i want to use this a my trading journal!:) To see my wins and loses
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