Bearish setup for BTC , bullish exhaustion in decline on the 45m
entry @ 104850
2ATR EFI is close to zero and Stochastic RSI get overbought quickly, while uptick looses steam on the 45 minu chart. I expect the decline to continue and price making a 2 ATR move
stop: 105501
target: 103468
Trade #00001
2ATR EFI is close to zero and Stochastic RSI get overbought quickly, while uptick looses steam on the 45 minu chart. I expect the decline to continue and price making a 2 ATR move
stop: 105501
target: 103468
Trade #00001
Trade active
Trade closed, target 103468 was hit. Note
The huge decline after this setup was not anticipated in this setup. This was due to FOMC interest news, and could have been totally different, I was hoping to be out of this trade anyways before this FOMC meeting. 
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.