New Short: Low Volume + Resistance = Dump

13 ביוני 2021

New Short: Low Volume + Resistance = Dump
Leverage: x2
Entry: $3600
Target: $3000
Stop Loss: $41000

13 ביוני 2021

עסקה פעילה

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

14 ביוני 2021

הערה

We opened them, but the market did not fill the limit orders of our Stop Loss.
So, both positions are still open.

15 ביוני 2021

הערה

We still hold the short positions.
The timing (daily close above 41000 + 6 hours above it) did not satisfy the Stop Loss condition.

16 ביוני 2021

הערה

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.

17 ביוני 2021

הערה

For continuation, see "RELATED IDEAS": "Bears are stronger than you think. And this is overbought."

18 ביוני 2021

עסקה סגורה: היעד הושג

Congratulations on the 🌟 profit!

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22 ביוני 2021

הערה

To join our community:
In Telegram search try "OXY" AI TRADER
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3 באוג׳ 2021

הערה

😊 Join our community:

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