BTC Short

23 ביולי 2018

Btc reached $7800 which was the final target for inverse head and shoulders pattern we had. It got rejected fast from it and came back right on the downtrend line and the top of the parallel channel. RSI is slightly overbought. I will take a risky short position at $7760 with very tight stop loss of $7800.

Target : $7450

23 ביולי 2018

הערה

BTC still trying to break the downtrend line. It touched it again but got rejected. Trade still active.

24 ביולי 2018

עסקה פעילה

Stop loss triggered but entered another short at $7950.

Target $7500. RSI is getting high on 1h and 4h, MACD shows early signs on divergence.

In general, I should have waited for confirmation, but I rushed for no reason.