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BTCUSD: Over the edge

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Currently short.

4-hr, 1-hr bearish divergence. Lower high on the 15 min timeframe, sideways out of a rising wedge. Wicks in both directions (liquidation / stop hunt).

Target range is wide, from 6400 for a small retracement down to 5.8k for deeper retrace.
注释
Failure to make a new significant low, i may close this short soon. Stoploss inside break even ensures no loss from the trade
交易结束:到达止损
Trade closed, stopped at break even. Risk management is key for saving you $$$$
交易开始
Re-opened trade at 6695 on exit of the wedge, with bear divergence (again second time).

Stops now at break even.

快照
注释
Risky to short from 6350 now, risky to buy (go long). Going flat. Waiting
Beyond Technical AnalysisBTCUSD

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