숏
Short Position Set Up
Short Entry price = 10.287
Stop Loss = 11.644
Take Profit = 8.239
Risk:Reward = 1.67
Reasons for entry:
1) 5 waves according to Elliott Wave Theory indicate a reversal ahead.
2) Bearish divergence on MACD and RSI
3) Much lower volume during the 5th wave compared with the 3rd indicates a reversal ahead.
4) Bitcoin has been trending lower meaning this 5th wave is artificial and the trend should revert back to the mean and drop like most other coins.
GL on this one. I won't be taking it as I have important commitments I need to focus on for tomorrow but I think it is a good trade.
This has a wide SL and TP (over 10% SL), so consider reducing your exposure to 0.5x to reduce your potential losses.
Stop Loss = 11.644
Take Profit = 8.239
Risk:Reward = 1.67
Reasons for entry:
1) 5 waves according to Elliott Wave Theory indicate a reversal ahead.
2) Bearish divergence on MACD and RSI
3) Much lower volume during the 5th wave compared with the 3rd indicates a reversal ahead.
4) Bitcoin has been trending lower meaning this 5th wave is artificial and the trend should revert back to the mean and drop like most other coins.
GL on this one. I won't be taking it as I have important commitments I need to focus on for tomorrow but I think it is a good trade.
This has a wide SL and TP (over 10% SL), so consider reducing your exposure to 0.5x to reduce your potential losses.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.