JaimePantoja

BTC - Short scenario

Short
JaimePantoja Updated   
BITFINEX:BTCUSD   Bitcoin
Description in chart ...
Comment:
So far the entry is not triggered, but would be nice if the current bar shows a strong signal of reversalal ... would give me more confidence towards the downside
Comment:
The entry did not trigger ... and the price broke structure so no trade, the idea is no longer valid
Order cancelled
Comment:
The timing was not exactly, so the trade was not triggered ... but later the price showedd the same structure that gave sings of weakness in this market .. and the former entry was very close to the expected level in this new scenario ... so in order to have a record with educational purposes here is a reading of this price action and the "hindsigth entry"


Comment:
Is important to highlight the overall context that shows a very weak BTC based on the daily ... here in particular one can see the time frame of execution (15m) but a key factor to increase the probabilities of success is to have a nice overall story
Comment:
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.