BTCUSD 4H 0.618

27 thg 6, 2021

BTC has moved upto to 0.618 fibonacci retracement of its recent fall, from 35k area, the price action appears to be rejecting here on the 4h and traders can look to short btc with a stop above the 0.618 retracement and aim for 30k/28k. DXY looking very strong and the UK has recent had the FCA stop regulated activity from one of the largest crypto exchanges Binance. With eurusd and gold looking weak, its suggests to me price will run to the USD, and cause significant gains, causing the dxy to sky rocket, and a massive bear market appear in most asset classes. But for now we have the chance at good risk reward to take a short position on BTC in my opinion.

27 thg 6, 2021

Giao dịch đang hoạt động

taken a small short after that spike, lets see.

27 thg 6, 2021

Ghi chú

33400 entry

27 thg 6, 2021

Ghi chú

added another small position 33600

27 thg 6, 2021

Ghi chú

IF it continues up we should break 35k, worth keeping an eye on too

27 thg 6, 2021

Ghi chú

final entry 34150 short

27 thg 6, 2021

Ghi chú

stop loss @34500 low risk for me

27 thg 6, 2021

Đóng lệnh: dừng lỗ

27 thg 6, 2021

Ghi chú

bad trade haha