hiteshbhatia3559

BTCUSD - Intraday Short Fib Play

Short
hiteshbhatia3559 Updated   
BITFINEX:BTCUSD   Bitcoin
Premise:
1. M15 Regular Bearish Div will appear,
2. The hourly will go overbought (not shown here),
3. This will happen in four candles giving plenty time for the hourly candles to close

Execution:
1. Scale entry : 6748-6769 1x cross
2. Stop Loss : 6800
3. Target 6622

Result:
1. 2.57:1 Reward:Risk trade.
Comment:
My short entry didn't hit on Bitmex - this chart however looks perfect.

I'd move my stop loss to breakeven now.
Trade active:
Entry was fully filled (and to the exact range).
Trade closed: target reached

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