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BTCUSD - Fib Short Play
Bitcoin
Short
BTCUSD - Fib Short Play
By hiteshbhatia3559
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Updated
Jul 13, 2018
4
1
1
Jul 13, 2018
Hoping to scale in green region, stop and target marked. Sitting in a long and need a bigger fill on it - hence this play.
This will result in the SRSI on daily going oversold, completing a higher low on daily and a bullish divergence, so it fits in a little bit.
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Play from earlier... :
Weird how life works sometimes - so close to failure yet nearly always successful :) I did close that short way earlier than I was supposed to.
Jul 13, 2018
Note
P.s. if not obvious, there's a hidden bearish divergence on the H4 chart.
Jul 14, 2018
Trade closed: stop reached
Short closed, trailing stop hit in profit
Bitcoin (Cryptocurrency)
BTC
short
Trend Analysis
hiteshbhatia3559
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