Short setup

Trade:
entry 7250-7350
sl 7575 or retest at 200EMA after S/R flip on the 4 hour
tp 7075, 6900, 6600

Legend:
Yellow line - 55EMA
Brown line - 200EMA

Do your own research, sharing this just for fun

Comentário:

Forgot to add VPVR

Trade ativo:

looks bad, if we print a 4h candle close above 55EMA, I'm going to get out at the lowest price i can manage

Trade ativo:

retesting, if support holds I'm out

Trade fechado: stop atingido:

S/R flip confirmed, volume increased at retest and price went up. Could go long with tight stop, but want to get some distraction and going flat into the weekend:)

Trade ativo:

I looked for conformation on a time frame which was way to low... I don't like juggling around with positions. But realized I made a mistake and reactivated the trade

Comentário:

Volume on the 4h candle was way too weak, to confirm the support and it broke

Comentário:

Looks like it is acting as resistance (for now)

Trade ativo:

Trade fechado: stop atingido:

Broke out and is now at support around 7600. Conclusion, breakout could reach 8xxx

Trade ativo:

Break out done. Not selling by btc yet, but took small short pos at 8300