BTCUSD cypher - short
I had posted this a few days ago and it disappeared for some reason.
Technicals
Waiting for price to hit the D leg on the Cypher harmonic.
Short to 38.2% and 61.8%
Fundamentals
Also worth noting that the Bitcoin halving is upon us so this trade may go way above the D leg. For this reason, a good stop loss is necessary! Mind your risk management
Technicals
Waiting for price to hit the D leg on the Cypher harmonic.
Short to 38.2% and 61.8%
Fundamentals
Also worth noting that the Bitcoin halving is upon us so this trade may go way above the D leg. For this reason, a good stop loss is necessary! Mind your risk management
Note
Take Profit 1 has been hit
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.
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.