We have a H&S on 1h timeframe , and we are about to complete right shoulder.
Fib 0.618 is @ 6452
Left shoulder was @ 6463
We have also the top of the descending triangle @ same level with LS
I will initiate a short position:
10x
Sell 6440
TP.1 5020
TP.2. 4400
SL: 6580
Great Risk: Reward ......We can lose only 22% ...or we can win 128% - 146%
Cheers!
Fib 0.618 is @ 6452
Left shoulder was @ 6463
We have also the top of the descending triangle @ same level with LS
I will initiate a short position:
10x
Sell 6440
TP.1 5020
TP.2. 4400
SL: 6580
Great Risk: Reward ......We can lose only 22% ...or we can win 128% - 146%
Cheers!
액티브 트레이드:
Trade active...I expect a retest of 89MA and a liquidation of shorts @ 6450/6500 area
Trade active...I expect a retest of 89MA and a liquidation of shorts @ 6450/6500 area
액티브 트레이드:
I personally I have a pending order
BITMEX
SHORT @ 6450
18x
TP.1 5000
TP.2 4450
SL. 6620
If this play out : 1. I can lose 47.5 % or
2. I can win 520% - 800 %
Risk / Reward 1:10
Let's see!
PS. If this is a complete winning trade then we have a big buy @ 4400 (Fib. 0786)
BITMEX
SHORT @ 6450
18x
TP.1 5000
TP.2 4450
SL. 6620
If this play out : 1. I can lose 47.5 % or
2. I can win 520% - 800 %
Risk / Reward 1:10
Let's see!
PS. If this is a complete winning trade then we have a big buy @ 4400 (Fib. 0786)
액티브 트레이드:
let's see breakout of triangle 10 min chart ...I expect up until 6450-6500
액티브 트레이드:
Trade active...waiting for fill up my order
I expect we will stop @ 6500 area ...SL hunting
I expect we will stop @ 6500 area ...SL hunting
거래청산: 스탑 닿음