BitcoinShort
BTCUSD - Daily Fib Swing Short
Updated
Note - my entry is 4000, I am already in this trade.
Premise:
1. The Bearish Divergence will close as it is, and then play out over the weekend
2. The Price will not break fib structure here
Execution:
1. Single entry : 4000 (1x short hedge only, will double down later if need be)
2. Stop : 4289
3. Target 3128
Result:
1. A 3.61:1 RR trade is completed
Premise:
1. The Bearish Divergence will close as it is, and then play out over the weekend
2. The Price will not break fib structure here
Execution:
1. Single entry : 4000 (1x short hedge only, will double down later if need be)
2. Stop : 4289
3. Target 3128
Result:
1. A 3.61:1 RR trade is completed
Trade closed: stop reached
Stopped out at breakeven.
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