EOS / BitcoinShort
EOSBTC short opportunity
Updated
Failed break out of a descending channel. Favoring the downtrend to continue.
There is a head and shoulders forming that I intend to short. Will wait for price to confirm before entering.
Profit target is a Fib cluster just below. Stops above the right shoulder after entry.
Please give this trade idea a THUMBS UP and I will keep you updated!
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
There is a head and shoulders forming that I intend to short. Will wait for price to confirm before entering.
Profit target is a Fib cluster just below. Stops above the right shoulder after entry.
Please give this trade idea a THUMBS UP and I will keep you updated!
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
Trade active
Triggered while posting. In position, place stops above right shoulder and set target.Now forget it and wait.
Trade active
Looking good so far. Good idea to reduce risk (e g half stop loss or move to BE)Trade closed manually
Out for break-evenNote
Second chance draw?
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