Pretty risky trade tbh (on higher TF BTC looks more bullish).
My pros:
1) R/R which is around 1:3 and I like the trade's overall potential.
2) Pin bar on 9150-9200 level (rejection).
3) High volume (limit and agressive sells)
4) Negative delta
And...double top (previous was on 01/19/2020).
My pros:
1) R/R which is around 1:3 and I like the trade's overall potential.
2) Pin bar on 9150-9200 level (rejection).
3) High volume (limit and agressive sells)
4) Negative delta
And...double top (previous was on 01/19/2020).
Trade closed: stop reached
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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.