$BTCUSD Current short trade

٤ أكتوبر ٢٠١٧

Good R:R short that I entered yesterday.

Reasons for:
- Price rejected ~4400 area
- Fell back through a significant S&R area which I would have taken as a no-brainer long if price had spent a little more time above it.
- Good R:R


Overall I am still bullish BTC.

٤ أكتوبر ٢٠١٧

ملاحظة

Target ~4020 lows

٤ أكتوبر ٢٠١٧

ملاحظة

Price has now broken down, following the expected price action. Currently we have seen a retest of the level, but again, with not as much time/space as I would have hoped.
A classic H&S has now formed.

٥ أكتوبر ٢٠١٧

ملاحظة

Have now moved stops down to ~4240.

٥ أكتوبر ٢٠١٧

ملاحظة

Stopped out of trade, banked 1.2R.