damngoodmoney

Hey, short position

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin is losing its fundamentals. It strongly expresses the pattern of decline, which indicates that a greater decline will occur soon.
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good flow.
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My judgment is still the same

4wave and 5wave
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If the writer had positioned himself based on the idea, I think he would be maintaining a short position or securing short position profits.

And if you look at the writer's idea criteria, I think it's going to be positioned in the direction of further decline..

but..

You have to be careful in this section.

Let's be careful with the upward adjustment.
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I am Korean.
And I am not good at English.

Even if the grammar is weird, let's move on if we understand it.
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weak, weak

Rising Volume
Let's check again below
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This section requires a bit of understanding.

1. The current section is identified as a section of 5-wave break.
(The 5th wave break expresses a flow in which the 5th wave beyond the 4th wave is generally formed, but the additional wave beyond the 4th wave is omitted because the downward momentum is offset by the upward momentum.)

2. A diamond pattern (rise) is formed in the section forming the 5-wave break, supporting the above judgment.

3. What 1.2 above means is that although this chapter is based on short positions, it is wiser to trade long positions in the short term.
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The beat chart now is a section where only eyes hurt to look at.
It is wise to check at night based on Korean time.

The direction is the same as the previous comment.
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As expected, volatility came out at night in Korean time.

Congratulations.
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The important thing from now on is the broadening wedge.

I think there will be a lot of traders with an unconditional uptrend right now..

let's be careful
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It's time to prepare for the long position. It's not difficult. It's a section where you just have to open your mouth and wait.
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It is believed that the length of the long position entry section will be longer.
Mid-term Earnings Plan With Short Position.
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go down.
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It's boring, but maintains the direction of the position.

Switch immediately after reaching the target point.
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With the above volume, a diamond (rising) is being formed at a price slightly below the limit price.

Close short positions and prepare long positions.

From now on, short positions are risky.
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After forming a diamond (rise), identify the rise of the cup-and-handle type handle construction.
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I appealed that I would trade based on the existing Broadening Wedge, but
It was decided that after completing the handle of the cup and handle with diamonds (rising), the broadening would be completed.

However, it was an error in judgment and is immediately completing the Broadening Wedge.
The author is also holding a long position and plans to manage the position with the goal of not losing money in the current transaction.

-

Identifies something that will turn a decline into a short-term rise in the form of a small rising broadning wedge. Recover your position in that section.
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The power of the volume is weak. Perhaps the writer's desire to make up for the loss is above the existing judgment. Slowly plan a long position below.
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It's a good flow. There is no big problem in recovering investment management funds if the psychology of transactions after losses is managed as it is now.
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The possibility of a higher increase than the existing target price range is being identified.
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The judgment on the rise is still valid.
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I was busy with outside work for the next 2-3 days. The judgment on the rise is the same as before.
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cool
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I am judging the decline to be high, but the volume is too high. This is an area where you need to be careful.
Once the direction becomes clear, it would be wise to update additional ideas.
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I don’t think this section will be difficult. Let’s position based on short position and wait for CPI.
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You need to understand section circulation.
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Understanding section circulation helps secure profits.
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I was close to the downside opinion, but my judgment is different now.
27K is important. The consequential downside judgment is the same, but there is a need to prepare for an upward adjustment.

Positioning on hold.
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We are continuously conducting scalping transactions and checking section volatility.
It is important to check whether it is fake or not.
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going down.
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The downtrend is weak. It is expected that there will be additional shaking in the future.
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brief additional rise
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Easy
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5wave!
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good flow^^

I think there will be adjustments
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Let's go to the next step
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GO! down
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keep up!
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Why do short positions continue to look more profitable?

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