Told you to short, but keep it open
Like I posted in the telegram group, keep your short open :) At this point, the TA is just becoming a self-fulfilling prophecy where everyone (even bulls) want it to retest 8800.
Psychology is a more powerful tool than TA here, as with pattern trading you see that everyone is following the same patterns and responding to them in the same way. This creates a self-fulfilling prophecy where the entire market forces itself to force a pattern or a price action. We saw this back in february and March where TA was useless, but the reversal point was pretty clear.
Closing our 25x shorts should only happen if: we break 9500 and close above it, or we hit 8880. So far, our auto-close at 8900 remains open as well as a long at 8880.
Psychology is a more powerful tool than TA here, as with pattern trading you see that everyone is following the same patterns and responding to them in the same way. This creates a self-fulfilling prophecy where the entire market forces itself to force a pattern or a price action. We saw this back in february and March where TA was useless, but the reversal point was pretty clear.
Closing our 25x shorts should only happen if: we break 9500 and close above it, or we hit 8880. So far, our auto-close at 8900 remains open as well as a long at 8880.
עסקה סגורה: היעד הושג
On bitmex, it reached 8950. Happy trading :)
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.