Another descending triangle?

This time we have tiny descending triangle on 1h TF, this time it's continuation of the last drop but smaller one (Break out of +/- 1000-700$...
Our next strong support levels are 7k-7200...
Volume buying power sux, also bulls failed to show comeback..

Be ready?...

Giao dịch đang hoạt động:

Giao dịch đang hoạt động:

Another new postiion:
- #Short#CurrentPrice-8390
Enter: 8390-8330
SL: 8350 (Risk lose: -0.4%)
TPs: 8275 (10%), 8070, 7880, 7635, 7280, and last 10% for any lower points...
Portfolio risk: 1-10%..

Bình luận:

The break should happen within 1:15 hours... if it wont happen then depends on the market I might disable the last 2 signals...

Bình luận:

up to half an hour until decision..

Giao dịch đang hoạt động:

So the descending tiangle got weakend from my perspective... 2 optrions here:
1. All SLs should be between 8485-8350...
2. Get out now and wait for better position.

I continue the signals, staying short..

Giao dịch đang hoạt động:

Yep, broke up. but still buying power very low...

Bình luận:

fake out..?

Bình luận:

All my SLs were hit, some with last profits some with small losses, I will update all the signals results later on.

So this is new last postion I give now:
I am entering another position at 8497 with tight sl at 8540...
Entrance: 8460
sl: 8540
TPs: 8360 (30%), will update late the rest...
Portfolio risk: 5%

Bình luận:

Above 8540 with rising volume will most likely continue up... but I am in a short position yet.
I'm going to sleep guys with my short open... I think this was a fake out, still didn't 100% confirmed (Can't wait more to confirm), but we might as well go up now if volume rises...