Bitcoin
Short

BTCUSD Sell (hybrid algotrading)

Updated
Trade #17

1) Lithium (2nd algo) generated SELL signal @10454 (after Hydrogen, as confirmation). The trade was opened automatically by Bipoon bot.
2) TP - 8920 (TP2 - 7620), SL - 11100.

Interesting to see, if I can close this trade with profit, cover my loss in previous BUY trade and get overall net profit in this hedged trade (BUY and SELL).
Trade closed manually
Reasoning:

1) Signal is already irrelevant
2) Almost hit the target and retrace to the entry level (big green candle)
3) As I said earlier (Trade #18), better to stay out of the market and wait for next signal.

Profit: +155 (1,5%)
algorithmalgotradingbipoonBitcoin (Cryptocurrency)BTCUSDChart Patternssignals

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