Short BTC to 8500-8600
Updated
The trade is alongside with this image. Since the breakdown on Thursday, it has failed to overcome 9500-9600 as support, and it has reacted 9400 on negligible volume, which means there is no buying here, easy for the bears to pull trigger now once the week starts and big money - institution money comes is. :-)
R:R - 1.6. little lower than I would, but I intend to enter between 9450 - 9700 overnight Sunday 14th June, 2020 and morning 15th June, 2020, in order to improve my R:R
Target 8500-8700
I feel confident in this trade because of the news coming in from the world around about Wave 2
Not a financial advice, #DYOR and manage your risk well
R:R - 1.6. little lower than I would, but I intend to enter between 9450 - 9700 overnight Sunday 14th June, 2020 and morning 15th June, 2020, in order to improve my R:R
Target 8500-8700
I feel confident in this trade because of the news coming in from the world around about Wave 2
Not a financial advice, #DYOR and manage your risk well
Trade active
closed half my position in profit at 9000, and moved stop-loss for rest to breakeven. So, now with dynamic R:R, this is an infinite R:R, hence, will use a daily high as trailing stop-loss. flood gates will open circa 18:00 CET today
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