SOL Short Trade Round 3 [Very Risky]

2024年9月23日

Trying this for the third time. BTC pumped and so did the other alt's.

Idea is to short it at the previous 15 min key level since we got a rejection there.

Entry price is: 148.07
Target prices are listed on the chart:

TP1: 147.49
TP2: 146.08
TP3: 144.83
TP4: 141.90

SL: 149.12

Note: This is a risky trade, but I do like the risk reward ratio here so just using my profits to trade.

Ideally if the price goes below 147, it'd be a safe short from there.

Do not chase the trade and do you own research before entering.

Happy trading!

2024年9月23日

注释

TP1: 147.49 HIT!
Moving SL to 148.26 just above previous candle's high on 15 min Timeframe.

2024年9月23日

注释

Moving SL to 148.83 (making it a little tighter incase BTC decides to go up from 64K). This way the trade will still be in profit. But look like the market might give us a nice down move.

2024年9月23日

注释

Too tired to watch the trade, but I'll trim a little here since I think it's respecting the previous high that I might have missed to add a target to.

Moving the SL to TP# 1 and calling it a night.
[Hopefully, it hits all my targets before I wake up :)]

Good luck!

2024年9月23日

注释

WOW! It hit 146.09 and we missed by 0.01 on the target hit.
That happens sometimes. Oh well! All we can do is wait for the price to come back down.

I also added a BTC Long hedge which barely missed the SL as well. Just trying to manage the risk here since I'm in profit overall.

2024年9月23日

交易结束：到达目标

TP3 (144.83) HIT!

I'm also getting out here from SOL. I'm satisfied with the trade. Another good trade.

2024年9月23日

注释

By here I meant 142.65 for TP4.