BTCEUR, Short Position Exit Strategies and Value 3 Checkpoint
Updated
We can observe 3 different levels of resistance (Check Point) for planning your exit strategies in Short Positions.
Read the value on the ballon in a Chart for planning the correct strategy in a Short Position.
if one of the levels starts working as a support then I advise you to go out and change strategy.
For me, we will buy around 9.800 and 8.700 (Re-Buy zone)
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Read the value on the ballon in a Chart for planning the correct strategy in a Short Position.
if one of the levels starts working as a support then I advise you to go out and change strategy.
For me, we will buy around 9.800 and 8.700 (Re-Buy zone)
#enjoy with #bitcoin trading and help me make me the best in trading view.
like me and follow me.
Trade active
First Check Point (Support) Reached. Now we will waiting the trend direction before proceed to opening a Long Position.
- Be Carefully, wait for confirmations before moving.
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Trade active
The bearish trend is confirmed and continue. Don't buy now.
- The checkpoint to control the trend and open (buy) or close (sell) positions at
- 9.800 Euro
- 8885 Euro
- 7724 Euro
MACD: Instant Time Frame - It is confirming Downtrend
RSI: Time 1D/1H - It is confirming Downtrend
DMI: Time 1D/1H - It is confirming Downtrend
Bollinger Bands - on Low Band
Parabolic Sar - (on Upper Position)
Trade closed: target reached
BTC in retracement around Checkpoint 1 at 10.092 Euro.Trade active
The Trend remaining at the first level and going in the horizontal direction.Trade active
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