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BTCUSD Shooting Star (Bearish)
Bitcoin
Short
BTCUSD Shooting Star (Bearish)
By bluedog360
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Updated
Aug 25, 2021
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Aug 23, 2021
The daily candle 7 hours prior to close is printing a bearish Shooting Star.
Considering we are trading within a heavy resistance band, this candle gives us opportunity to short below 47.5k with stops above at 50.5k.
My target is support at 30k.
Aug 25, 2021
Trade active
Aug 26, 2021
Note
i aim to close some short around 40k and reopen around 44k
Sep 1, 2021
Trade closed manually
Candlestick Analysis
Economic Cycles
Fractal
bluedog360
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