So I got stopped out of my previous short trade on BTC, Previously I mentioned that we could bounce strongly from the 30K, then we formed a mirror pattern and I said again we will bounce strongly from here. After we shot up close to weekly bearish candlesticks and 40k resistance I took a short (a little premature in hindsight) but it is what it is.
Now the current situation is telling me that we are going to create a double top at 40k+ , before dropping to 13K in 2021.
I will keep you updated on when I next enter, if you have been watching my BTC post's you will know I have only been wrong once in this whole topping process.
Become a Trade ninja today!
Now the current situation is telling me that we are going to create a double top at 40k+ , before dropping to 13K in 2021.
I will keep you updated on when I next enter, if you have been watching my BTC post's you will know I have only been wrong once in this whole topping process.
Become a Trade ninja today!
Comment:
Double top created, I have entered with SL at 50k, Tp at 25k