Doge Risky Swing Short Idea

DCA shorting with close SL.

Prediction of TOP here.

Catching a knife here.
Entry above 0.43000

Stop loss 0.44200

Note: Not a Financial Advise.

Giao dịch đang hoạt động

Ghi chú

Holding the short still.
Daily Candle Close can make things clearer.

Ghi chú

Doge Update.
Took some profits back and forth on this one.
Idea still valid.
But now looking at this.
If it holds this time i will start trimming the position.
Cuz expecting it to take stops higher if it holds.
Might add more if the h4 closes under the area.
H4

Else need to continue downward from here if the idea works out.

Ghi chú

Added more to this. As H4 closed below the area.
Entry above 0.40000

Moving stoploss now at 0.41200

Ghi chú

A nice down move took some profits again.
H4

High RR short call given earlier.

Giao dịch được đóng thủ công

Flipping Long sooner.

Ghi chú

Looks like This is going to reject as the launch move is retraced with strong rejection.
Bitcoin is also on Top price or very near to Top price.
Flipping Long is not a good idea here.
Bitcoin can rally downward towards 77k or lower from here.
Looking for Short entry if things clear out a bit.

Ghi chú

I can't wait for it scaled into a short from above 0.39000 with stops at 0.39700.
A very risky position but rejection from here can be devastating.

Ghi chú

added more on here it's worth it to take some risk here.
If rejected the green SR is not going to hold anynore.

m30 Doge

Ghi chú

Stopped out on short taken earlier.

ROBO416

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ROBO416