Short

MCB 1h short

Updated
Setup: MCB is on a downtrend. Furthermore, the big red candle rejection off the 20 EMA confirm this.

Entry: 4.88

SL: Trail using ATR trailing stop loss value of 3.1. Current value is at 5.07

TP: 4.36
Note
Close trade for a 0.72R profit, seeing the BTC showing some signs of reversal
CRPTOCURRENCYMCBTrend Analysis

Also on:

Disclaimer