The volume is still low, and we think the price will not stay above the resistance. We hold our active trade (x2) and open a new one. Leverage: x4 Entry: $37400 Target: $30000 Stop Loss: $41000
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We opened them, but the market did not fill the limit orders of our Stop Loss. So, both positions are still open.
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We still hold the short positions. The timing (daily close above 41000 + 6 hours above it) did not satisfy the Stop Loss condition.
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We expect the price to go lower than this ($38000). So, we hold our positions. FYI, you can move your Stop Loss to entry for a safe ride. We moved it a bit higher than that because we feel very Bearish.
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For continuation, see "RELATED IDEAS": "Bears are stronger than you think. And this is overbought."
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