BTCUSD - Fib Short Play
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.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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.
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.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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.
Note
P.s. if not obvious, there's a hidden bearish divergence on the H4 chart.Trade closed: stop reached
Short closed, trailing stop hit in profit
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.
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.