We could see another opportunity to scalp short BTC here. I have closed last night's short entirely at $6,450 for 9% profit but if BTC breaks the diagonal support and retests I will open another short position with target $6,395.
Trade closed: target reached:
Target hit for 18% realised profit.
My actual stop loss was set at $6,500, rather than the value reported by TradingView above.
My actual stop loss was set at $6,500, rather than the value reported by TradingView above.
Comment:
Here's how I should have charted my short position:
