Hello friends,
I am here again another short scalping idea. In my opinion i think 4h chart we can clearly see that
BTCUSD is already overbought. Plus, we haven't seen a clear retracement since the pump started around 9.180. Therefore i expect a little retrace here is my trading plan:
Entry: 9.400-9.500
Stop Loss: 9.680
TP1: 9.347
TP:2 9.269
TP:3 9.090
Good Luck Us All!
I am here again another short scalping idea. In my opinion i think 4h chart we can clearly see that
BTCUSD is already overbought. Plus, we haven't seen a clear retracement since the pump started around 9.180. Therefore i expect a little retrace here is my trading plan:Entry: 9.400-9.500
Stop Loss: 9.680
TP1: 9.347
TP:2 9.269
TP:3 9.090
Good Luck Us All!
Trade active
Guys i am expecting a downward move in an hour. Half of the head and shoulders formation appeared on hourly chart. You may take profit at 9.347 or you may close half of your position and let the other half with a stoploss at breakeven.Trade active
Tp1 reached. Waiting for tp2Trade active
You can move your stoploss to breakeven or just take the profit depending on your risk managementTrade closed: stop reached
trade reached the breakeven. but if you didn't close this position you can keep it until 9.100 level
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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.