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Bitcoin
Short
Updated

BTCUSD | 4HR Short Trade Setup

245
Confirmation: 3926.03
Invalidation: 4057.80
Target: 3654.64
TF: 4HR
Leverage: 3x
Pattern: 1) rising wedge reversal with 2) daily bullish rejection candle and 3) weekly resistance
Note
Breaching the trendline!
Note
snapshot
Note
snapshot
Note
Here is the backtest… this is why you don't place stops at entry..
snapshot
Trade closed: stop reached
Note
New trade:
BTCUSD | 4HR Short Trade Setup
Trader6127
2k18bearmarket2k19cryptoreversalBitcoin (Cryptocurrency)BitstampBTCBTCUSDChart PatternsCryptocurrencyEthereum (Cryptocurrency)Technical IndicatorsLitecoin (Cryptocurrency)Trend Analysis

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2k18bearmarket2k19cryptoreversalBitcoin (Cryptocurrency)BitstampBTCBTCUSDChart PatternsCryptocurrencyEthereum (Cryptocurrency)Technical IndicatorsLitecoin (Cryptocurrency)Trend Analysis
Trader6127

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.