This is an update to my recent relief rally idea.
Chart says most of it, missing volume is the key. Weekly trend is still widely bearish which might take us sub 3k soon.
- thank you for your comments -
Chart says most of it, missing volume is the key. Weekly trend is still widely bearish which might take us sub 3k soon.
- thank you for your comments -
Trade active
1h candlesNote
we nearly reached the optimum shorting region above 4300, not quite but nearly. since 4h turned bearish i went short at 4220 and adjusted my targets to 3600 levels.the short turned out beautifully returning a rocking 86% profit on x5 leverage.
i took profits at 3600 and am waiting for a long-setup to trade the inv. H&S
Note
skyrocketing to target 1 :D already reached, inverted H&S scenario in place. leaving long open for further targets at 4180 and 4375
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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.