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BTC(WYCKOFF SHORT WITH ORDER BLOCKS SETUP)

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BITFINEX:BTCUSD   比特币


Its a very good SELL SETUP on H4.

ENTRY : If we sell right now then SL will be little higher somewhere above 50700
For smaller SL we can waite for price rejection\reversal from current level.

TP : 37800-38000 will be area to book profit.

I could not find any thumb rule to book profit with WYCKOFF method.
I observed and noted that booking proft between 50%-61.8% is the best stretegy.

If any one know exactly who to book profit with WYCKOFF Method, Please comment.

Good LUCK everyone.
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