I_am_the_One

Below Key Resistance, Daily, Weekly Open

BITFINEX:BTCUSD   Bitcoin
Sorry I haven't been updating you guys. Been a super busy week. But I've been short since around the 7400 levels, taking a little bit of profit here and there. Here's a good spot for a new position. So the price is below the key daily resistance at 6762 Levels, below the Weekly open at 7012 and below the recent daily open at 6711.5. I entered around 6720, after adding my entry points has averaged down to 6694.

I'm shorting with a stop loss well above the key resistance levels at 6762. With a take profit at 6300 level order blocks. Overall plan is 4900-5000 levels.

Good entry point is a retest of the daily open at 6711.5. Once price starts breaking down. Add.

God bless, happy trading.

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