Highly speculative trade, countertrend but payoff could be large if it succeeds.
Would be advisable to move stops quickly to breakeven if the trade plays out over the next 12 hours.
Need to see a solid move below 55k over the next few days, if not then cut and run.
Would be advisable to move stops quickly to breakeven if the trade plays out over the next 12 hours.
Need to see a solid move below 55k over the next few days, if not then cut and run.
Trade closed manually
I see the higher lows and inability to crack lower past 55k, killing the trade.Disclaimer
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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.