Trend is your friend until the end. Haven't seen "The End"
Updated
Continuing from my previous post. Still riding this nice short from $245 with 2 TP taken at $233 and $217. Added back to my SHORT position yesterday morning with the 4HR close below 2 TREND LINES. Current SHORT position sitting at $225. Looking at my next TP around $182 then $176 as this area has significance (0.618 FIB, previous monthly wick, and area of resistance in the past). Should the price in the shorter term get a 4HR close above $202 I'll go ahead a take another TP anticipating a bounce back up to previous support now resistance where I'll be looking to again add to my SHORT. Current SL set at $221.
Trade active
Another TP taking with 4HR close above $202. Waiting for this bounce to complete. Looking to add back to my SHORT around $210-215. SL with close above $220.Trade active
TP hit at $182.35. SHORT remains open.Trade active
TP hit at $176 and $154Trade active
Profits taken at $137 and $105. 50% of original SHORT remains open.Trade closed: stop reached
BITMEX price conveniently rose over 100% during the unscheduled downtime and it hit my stop. Still able to take home the largest profit in my career and I'll be moving my BTC off Bitmex.
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