Short

$ETH short set-up on Poloniex

Updated

Heres my short set-up for 2:1 margin on Poloniex. I've gone off the resistance, candles lower low, bearish divergence on the oscillators, and price obviously oversold. A pullback here makes sense, although this could go in any direction right now as Crypto is volatile and risky. Im giving this a 55% chance we get a move to my T1 level and possibly T2. Stop loss in place if this goes against me. Aim of the game is to win at least 50% of my trades and profit due to wins giving me more of a % gain than the % loss on my stop losses. Not financial advice, trading crypto is high risk.

Note

Gave my stop loss a little more room to breath.. now at 0.03425413

Note

This was a nice short trade, I kept moving my stop loss down and it finally got hit on the green candle retrace 14th Nov.

fxtraderanthony

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