Short on #Bitcoin for 10,927 or less with stop loss at 12,032
Updated
After the recent bull run, some price consolidation is highly needed and expected.
And, it may be time to go short on this
Shorting here for 10927 (target 1) with stop loss above the trend line at 12032 may be a good option here.
We also have massive red sign from TD. It is indicating an overbought condition. A bit of cooldown will be good for the next run to hit the trendline and break it free.
SenkouB is still above Senkou A on the 12 H
Note: I am thinking of such a situation. I have not opened one in my real account yet.
And, it may be time to go short on this
Shorting here for 10927 (target 1) with stop loss above the trend line at 12032 may be a good option here.
We also have massive red sign from TD. It is indicating an overbought condition. A bit of cooldown will be good for the next run to hit the trendline and break it free.
SenkouB is still above Senkou A on the 12 H
Note: I am thinking of such a situation. I have not opened one in my real account yet.
Trade closed: target reached
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