Short term Short Idea
Updated
Fairly similar set up to my Previous idea.
Entering shorts with tight stops around 98xx-9900
PT: 94xx-95xx
Reasons:
1. RSI: Double oversold top
2. Trading beyond both Bands on hourly
3. Sell counts showing up and we're a few candles beyond the sell count candle.
Good luck out there.
This is purely circumstantial and not to be taken as fact or trading advice.
Entering shorts with tight stops around 98xx-9900
PT: 94xx-95xx
Reasons:
1. RSI: Double oversold top
2. Trading beyond both Bands on hourly
3. Sell counts showing up and we're a few candles beyond the sell count candle.
Good luck out there.
This is purely circumstantial and not to be taken as fact or trading advice.
Note
Double Overbought Top*****Note
They've hit their magical 10k for the headlines, adding small here to my position. Probably holding for a day or two. My liquidation is well beyond the price.Note
If you have followed my previous two ideas you would have printed money. Thanks for playing folks
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