BitcoinShort
BTCUSD - Local Fib Play
Updated
H6 SRSI overbought (not shown here)
Local OTE based fib short with the optimistic target as 6012 (pessimistic target is the horizontal marked line at 6158).
M30 Bullish Diversion should take the price to short scale area.
Following 0.1 to 1 BTC challenge made by me : docs.google.com/spreadsheets/d/1Ti3LkmV-JWveTcwW3DdyHsVNsBZTq66aVTRgmy3c1nQ/edit
Local OTE based fib short with the optimistic target as 6012 (pessimistic target is the horizontal marked line at 6158).
M30 Bullish Diversion should take the price to short scale area.
Following 0.1 to 1 BTC challenge made by me : docs.google.com/spreadsheets/d/1Ti3LkmV-JWveTcwW3DdyHsVNsBZTq66aVTRgmy3c1nQ/edit
Trade closed: target reached
First order hit on Bitmex (6278), target hit.
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.