Corn Short To The Channel Bottom

١٠ مارس ٢٠١٨

.

١٠ مارس ٢٠١٨

ملاحظة

profit taking on the red lines, 25%, 25%, 35%, 15%.

١٠ مارس ٢٠١٨

ملاحظة

first profit line already filled, with this momentum I'm pretty keen on BTC bouncing at the channel bottom like on Feb. 6th. Volume is returning which is a good sign for the long term since at this point I can't see a huge volume outbreak to the downside.

١١ مارس ٢٠١٨

ملاحظة

١١ مارس ٢٠١٨

ملاحظة

Possible bearish continuation pattern forming on the 4hr, RSI's getting overbought quick and bear volume is still stronger. Kept a stop loss a little above the top resistance with enough room so a bull trap can't stop me out.

١٢ مارس ٢٠١٨

ملاحظة

١٢ مارس ٢٠١٨

ملاحظة

Rising wedge continuation pattern seems completed and 4hr RSI is almost fully oversold. If it does dump I'd expect a retest of 8k, 7.5k or straight to the bottom of the channel charted in this idea.

١٢ مارس ٢٠١٨

ملاحظة

١٢ مارس ٢٠١٨

ملاحظة

Clean break out of the rising wedge to the downside, used parabolic support to attempt to gauge timeframe.

١٣ مارس ٢٠١٨

ملاحظة

check new idea

١٨ مارس ٢٠١٨

أغلقت الصفقة: تم الوصول للهدف