High risk short trading plan. (bitcoin)

١٧ يناير ٢٠٢١

It's kinda risky to go short when the market is in a strong uptrend like this.
Imma open a short position when the price closes below F3. Then probably close the trade around 22-25k level.
DISCLAIMER ON For sure

٢٠ يناير ٢٠٢١

ملاحظة

The price just close below F3. I just opened a $200 short position. Let's hope that my analysis is correct this time. Imma close the position between 50%-61.8% Fibonacci retracement.

٢٠ يناير ٢٠٢١

ملاحظة

I'm doing a speculative trade right now since the price hasn't break from the triangle formation. But since the price has close below F3 it indicates that the bulls are running out of steam. So I opened a short position anyway.

٢١ يناير ٢٠٢١

ملاحظة

The price just breaks out from the triangle pattern. Still waiting for the 4H candle to close below 23.6% Fibonacci retracement.

٢٣ يناير ٢٠٢١

ملاحظة

Postition closed at $32777.5
Reason : Inverse H&S pattern on H1 timeframe.