PRO_Indicators

BTCUSD / H1 : Sinewave bearish breakout... short again...

Short
BITSTAMP:BTCUSD   Bitcoin
After the perfect shorts at 17K, 13K, 11.2K (and the 14,3K that I missed) given by PRO Sinewave & PRO Momentum and the associated trading strategy.
Today Sinewave is showing the confirmation of the latest short with that recent bearish BREAK pattern detected, confirmed by Momentum with the breakdown of the support trail-line (the dotted lines that slowly follow momentum).
This strategy says that when this occurs, I have to lower my stops.. so I adjusted from 13,2K to 11,8K. At this point this stop can only gives gains, even if the scenario goes to invalidation.
The lowered stop offered some more available cash to put one more short in the bitcoin. So I'm now short on 17k, 13k 11.2 and now 10.8k.

All the shorts entries have been shared here on TradingView BEFORE they occured. So if you thought I was like those who tells what happened afterwards... not my case !
You can find all the shared ideas on my profile of course.
Please remind that being right the first three times does not tell that the 4th will be for sure...
This is trading and there's no certainty.. only risk management.

Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
You can check my indicators via my TradingView's Profile : @PRO_Indicators
Kindly,
Phil

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