Possible rising wedge on XBTUSD - Potential Action

٦ أبريل ٢٠٢٠

Sellng 7450 area with S/L near 7600

Great risk reward for me. Entry and stoploss provided on chart, target is the bottom of wedge.

٧ أبريل ٢٠٢٠

ملاحظة

Target for entry hit, trade engaged. S/L 7620 on Deribit Perp

٧ أبريل ٢٠٢٠

ملاحظة

Well in the money at this point. I am riding this trade with a stop loss at breakeven. Will reshort at 7800 if that occurs.

Target is 5900

٧ أبريل ٢٠٢٠

ملاحظة

6300 is an area of interest, however. if the price stalls there i will close it.