VERY RISKY TRADE IDEA SINCE BTC IS PUMPING. SHORT ON OPUSDTPERP
Updated
Bearish Wolfe waves - nothing much to explain! Very risky trade, and I am only risking some profits on it.
Targets in green (stick to your own stop loss / leverage).
Thought we could make use of
BTC's imbalance through impulse and the overbought RSI on the 15m timeframe diving below its RSI's MA for some quick gains.
Use proper risk management and position sizing please.
Targets in green (stick to your own stop loss / leverage).
Thought we could make use of
BTC's imbalance through impulse and the overbought RSI on the 15m timeframe diving below its RSI's MA for some quick gains. Use proper risk management and position sizing please.
Trade closed: target reached
Target 1 reached. Place your SL at entry, or trail it.Trade is now risk free.
Trade closed: target reached
Second target reached. I personally left a small part of my position running as the Bitcoin dump was heavy.
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