Lowest Risk, Highest Reward Potential. short $ETH

I don't like shorting, so when I do short I try to make sure I have the highest probability of success as I can(derp), even if that means taking the potentially less likely scenario. In this situation, I think that it is somewhat likely that tries to shakeout the bears one last time before it enters a bear trend, leading to one last spike up to .0816 before it establishes a bear trend, which will lead it down to .05 ish in about a week.

Note

actually, more likely it hits .0815 on 5/29, at the intersection of the trend line, time cycle, and fib level.

Note

Ignore that comment ^, I was confused by something. Looks like I was off by about 1% Though for the point to short at.

Trade closed: stop reached

Going to say this is a failed trade. Market still looks bullish though I have a feeling that will change over the next few days.

Beastlorion

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Beastlorion

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