AvramM

Shorting the overbought reversal

Short
AvramM Updated   
COINBASE:BTCUSD   Bitcoin
A little bit of conflict here. Closed out my long at 8260. MarketDecryptor had printed a red triangle (a local top) and I've entered a short. My only concern is the bullish divergence that's now formed on the 1D. Hopefully, this short will play out before the bull div does.
Comment:
Not enjoying DCA'ing this. That bullish div on the 1D is strong.
Trade closed: stop reached:
Had DCA'd up to 8255, and was stopped out at 8316. Those were whiplash candles :)

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