Bearish spinning top, price coming back for a retest - i waited to short it and now it seems like we might get a chance so im publishing this idea. Since this is going to be a fairly crowded trade the goal is to get a short anywhere in between 12800-13300 range and not get stopped on a wick. Target is definitely sub 9k, but taking some off at 10k bounce area is never a bad idea.
Fully invalidated at 13700 and higher.
Fully invalidated at 13700 and higher.
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i think todays daily will be either a bigger spinning top or a straight up hammer with a close far below open. If thats the case, it means sellers from 14k are still present and that we should go lower. remember its always either a new high or a new low.
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waiting for continuation. currently 12800, i dont plan to close until at least 11.7k.Note
currently 11.7, closed 50% at 11.2, this trade alone compensated my stupid alt longs. i plan to hold short for sub 10k now. i got rather great entry at 12.9 and now there is no reason to close it above 11k. Will close 35% at 9.8-9.7 and let the rest 15 ride till 8k
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10.6 now, i dont like this slow bleed in the weekends tho. expect a big jump from this candle Trade closed: target reached
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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.