OrderID BTCTHB-RR1.3-230510
Trading System = Discretionary using FIB and Pitchfork
Side = Short/Sell
Position = Closed
Volume = All
Order type = Exit
TP = Fib Proj. 0.618, 1, 1.618
Problem & Anomaly = After the volatility peak at the previous highest high. Price has been climbing with exhaustion.
Trader Emotion = Neutral
Mistake & Error = Non
Remark = Using a red downward slope median line to add short positions if the price has reached the 0.618 percent Fibonacci level.
Ideas = This is a classic play shorting at the lower high to expect a lower low. Let's see how the price folds out.
