Bitcoin

#bitcoin - recent short on 6h

227
Good morning,

after a very clear short opportunity (extremely overbought, stochastic broke down & evening star) just below the Yearly R1 Pivot the short is either been closed at this SMA100, also called SMA-Stop and got 10% (without leverage) profit, or for those who are still in and played this game against the trend, they should already have their stop about 3.5% in profit. Always remember the importance of going into bigger timeframes to not lose the overview of things happening, this is also essential for daytraders. Break-Levels are key! Together with monthly and yearly Pivots also major leadlines, it is very possible to make good trading plans without being constantly under heavy pressure.

*Always set stops. Dyor. No financial advice.
If you are interested in using the NeruSuite v5 (final), please contact me in Telegram @NerubicaC or here in TradingView via DM .

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