Short
STR/BTC Sort term, SHORT opportunity,
Following the cyclical pattern of Elhers Stoch CG Indicator/RSI we are due for a bit of a drop if the pattern repeats itself. I've put a 500STR short open here at 45. Stop loss 48ish. Target is where the price is when it gets to the flag at bottom.
Note
Re-entering now - closed pos before. Opened short of 461 STR at 4547. Stop loss 4750. Target Under 4000 but take what you can get.Note
ANyone wondering what indicator is on bottom - Ehlers Stochastic CG OscillatorNote
Close position
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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.