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BTCUSDT: Elliott Waves Intraday Trading
Hey all!
The price of #bitcoin is moving within my past trading plan.
I am long, but I am still considering an alternative downside scenario.
What are my plans?
- the base price dictates to consider purchases after any local price correction. And I will be increase the volume of long positions in case the price down to the range of 20800-20400.
- the alternative scenario tells me to follow the price reaction within the framework of the base scenario, and in case of an unsuccessful correction on a set of long positions, I will reverse long positions into short positions.
In general, as in the past, there is always a way out of any situation - the main thing is to have a good trading plan.
Sincerely,
CEO Tornado Capital
The price of #bitcoin is moving within my past trading plan.
I am long, but I am still considering an alternative downside scenario.
What are my plans?
- the base price dictates to consider purchases after any local price correction. And I will be increase the volume of long positions in case the price down to the range of 20800-20400.
- the alternative scenario tells me to follow the price reaction within the framework of the base scenario, and in case of an unsuccessful correction on a set of long positions, I will reverse long positions into short positions.
In general, as in the past, there is always a way out of any situation - the main thing is to have a good trading plan.
Sincerely,
CEO Tornado Capital
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