BitcoinShort
BTCUSD - Intraday trade
Updated
Premise:
1. Price will attempt to make a higher high, but fail
2. SRSI will produce a hidden bearish divergence at 7500
3. Price will not do this in one candle
Execution:
1. Enter short 7500-7550,
2. Stop at 7608,
3. Target 7257.
Result:
1. 2.52:1 RR trade
1. Price will attempt to make a higher high, but fail
2. SRSI will produce a hidden bearish divergence at 7500
3. Price will not do this in one candle
Execution:
1. Enter short 7500-7550,
2. Stop at 7608,
3. Target 7257.
Result:
1. 2.52:1 RR trade
Trade closed: target reached
Trade was closed half at target and half beyond.
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