Play the mechanical pullback that will take out the late high leverage shorts, and help reset the RSI's for now.
Play: If BTC gets above 21.9 with moment, long till 22.2-22.3.
SL ~21.8 , any momentum loss, and cut the trade.
Risk : High, small margin, tight stops
Play: If BTC gets above 21.9 with moment, long till 22.2-22.3.
SL ~21.8 , any momentum loss, and cut the trade.
Risk : High, small margin, tight stops
Trade active:
bit early, bit stops tight, will get out if price retrace
Comment:
so much for scalpt. dead market
Trade closed: stop reached:
Still think price will go up ... took the scratch.. see what will happen at NY open, S&P should drag price up
Trade active:
Scaling back into this. stil think its valid.. but might push alot higher than initial thought due to the long range its now been in
Trade closed: stop reached:
btc doing btc.. news to news, cannot do anything by itself anymore