REVISED BTC short coming up? Learning more
Updated
Trade 2 i'm mapping out.
doing a little better in understanding my indicators. very big in understanding why you are making a trade. trying not to be a thoughtless zombie follow lines i don't understand.
follow my logic on this:
setting up a possible short from this .382 fib area after a break in support. thinking my conversion line drops below the cloud similar to how it did last time we landed in the .5 area. targetting an exit on a short around $10,500 to be safe. case could be made about a longer term move downwards
Let me know what you think...
doing a little better in understanding my indicators. very big in understanding why you are making a trade. trying not to be a thoughtless zombie follow lines i don't understand.
follow my logic on this:
setting up a possible short from this .382 fib area after a break in support. thinking my conversion line drops below the cloud similar to how it did last time we landed in the .5 area. targetting an exit on a short around $10,500 to be safe. case could be made about a longer term move downwards
Let me know what you think...
Trade closed: target reached
short closed. closing thought... time to open a long ;)
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