Short

Swing failure pattern on BTC

Updated

If the daily close below the 6610$ and only if

it will form a nice SFP setup exactly the same trading idea from TreebeardTrades (on Twitter) 2 days ago.

Note

I'm in since I'm not convinced by this close even if it's slightly above 6631.
@6605 ad 6660
Target : previous lows ~6400$ first take profit and lock at break-even

Next target = 6100

Note

taking a bit of profits here and stop just above break-even I don't like the PA

Note

Second take profit range hit. Not touching stops yet

Note

stopped at break even on the rest

Trade closed: stop reached

Also on:

Disclaimer

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.