Short

BTCUSD short

Updated

Previous long trade went south, so this time I'm looking for a break below these levels.
This is jst sunday chillout trades. RR is 3.

Note

We might see price break below the 8300 area before the bulls get into action again. Right now there my be a squeeze against the long positions. This trade is very different than the ones I used to take, but since yesterdays winner is still covering the previous loss, I thought why not dive in again.
I was also making a research and seems like everyone is looking for this one to go rocket high, and this is one more good reason for the big players to hunt down stop losses for of longs. Well... I guess we'll see...

Note

Looking on the daily to test lower area.

Trade closed: target reached

Beautiful trade. Period :) RR is great

tomsabobiz

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