Catching the swing on Bitcoin

١٣ مايو ٢٠١٨

Pivot setup on H3

Reasoning:
_Choppy market with no clear direction (market is in bear mode).
_Bearish Divergence (diminishing bullish momentum) [UO]
_Overbought (change of pullback) [STOCHRSI]
_Swing highs in time range

١٣ مايو ٢٠١٨

تم فتح الصفقة

Trade started promising, but Bitcoin again made a strong upward movement. I am still in the trade, but I am no longer confident of success.

١٣ مايو ٢٠١٨

أغلقت الصفقة: تم الوصول لوقف الخسارة

This trade was not worth the effort (and the presentation here)

If it is goes above H4 (green Pivot), this will become a possible long entry.