Corn Short To The Channel Bottom

10 במרץ 2018

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10 במרץ 2018

הערה

profit taking on the red lines, 25%, 25%, 35%, 15%.

10 במרץ 2018

הערה

first profit line already filled, with this momentum I'm pretty keen on BTC bouncing at the channel bottom like on Feb. 6th. Volume is returning which is a good sign for the long term since at this point I can't see a huge volume outbreak to the downside.

11 במרץ 2018

הערה

11 במרץ 2018

הערה

Possible bearish continuation pattern forming on the 4hr, RSI's getting overbought quick and bear volume is still stronger. Kept a stop loss a little above the top resistance with enough room so a bull trap can't stop me out.

12 במרץ 2018

הערה

12 במרץ 2018

הערה

Rising wedge continuation pattern seems completed and 4hr RSI is almost fully oversold. If it does dump I'd expect a retest of 8k, 7.5k or straight to the bottom of the channel charted in this idea.

12 במרץ 2018

הערה

12 במרץ 2018

הערה

Clean break out of the rising wedge to the downside, used parabolic support to attempt to gauge timeframe.

13 במרץ 2018

הערה

check new idea

18 במרץ 2018

עסקה סגורה: היעד הושג