one-two

btc

one-two Updated   
BITMEX:XBTUSD.P   Bitcoin
top of the range.

idea valid as long as price fails to breach 12.5

Keep a tight stop.

possible arthur wicks incoming

use proper risk management.(1-2% per trade)
Comment:
note - there's a high chance you can get stopped out , wicked out. trading is risky this is not financial advise.
Trade closed: target reached:
This was more of a scalp trade..I am unsure whether it will break here. Wait and watch for break of 11k till then no trade.
Comment:

I took profits near mid 11.3k..since it was not too far away from my original target point.

Price COULD BREAK HERE. Break 11k would be panic mode - till that happens im waiting.
Comment:
Reason i didnt hold was that this setup was a scalp trade.. PRice could definitely dump here...you can hold on to the short or take profits..upto you..You can convert this into a swing trade..
Comment:
but the setup was created to be a scalp not a swing, so i took my profits at mid 11.3k's..If price breaks 11k i will short it..till then waiting.
Comment:
Getting very close to breaking 11k...Regretting taking profits atm.
Comment:
LOOKS LIKE IT DUMPED. Bulls r fucked lmao
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