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go8686
Jul 21, 2019 11:28 AM

Bitcoin Resistance Worked - Short Trade 20190721 做空

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

描述

Symbol: Bitcoin, XBTUSD, BTCUSD
Timeframe: 30M
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern

Signal:
Short Timeframe: Green - Red
Medieum Timeframe: 90m Yellow, 2H Lime - Yellow: Resistance worked, Breakout Fading
Long Timeframes – Context: Red – Bearish

SETUP: SHORT
ENTRY @ 10600-10800
SL @ 11101
T1 @ 10301
T2 @ 10151
T3 @ 10001

Manual Stop Condition:
Yellow in 90m or 2H becomes Lime and keeps
Violent Price Swing Upward

Remark about Signals
Lime becomes Yellow means breakout is fading, if a breakout after long time consolidation faded soon, it indicates the zone is supply zone and Bull is not ready for it.

I appreciate your like or comment. Welcome to share your idea here.
PM the author for a one-week free trial of "9 Seasons Rainbow Indicator".

DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions, carefully assess risks and be responsible for your own investing and trading Activities.

评论

In 15m Yellow -> Purple, which means the support is broken down.

评论

If it can get over the previous platform 10600 and stay over it, the short position should be closed. A long position may be placed then.

交易手动结束

Closed manually with small profit.
Bitcoin got valid support at 10300-10450, got over previous level of 10550-10600. The pull back should be over for now.
In 9 Seasons Rainbow Indicator, There is Green in 15m, Blue in 21m
评论
asdasadsadsadsda
Bakkt launch can help bitcoin to stay bullish! This idea below explains why:
asdasadsadsadsda
@Free_Bitmex_Signals,

ICEKI
Go8686 Congrats for your winning short trade of BTC
Nice short term mathematical setup yesterday =D
go8686
@ICEKI, Thank you!
The pullback hit the depth of 30 point higher than my T1, so it is closed manually with tiny profit. Not satisfying, not acceptable.
ICEKI
@go8686, Oh no~ let's make this bet as one of the lesson
I wish next time you can bet a very satisfying setup very soon; Good luck =D
go8686
@ICEKI, Thank you, will work harder :))
go8686
I am waiting for the Yellow becomes Red, then Green to close the short position. The preset orders will close the position once the target price is hit.
UnknownUnicorn2760874
Nice set up!
go8686
@Moiseiev_Yurii, Thank you Bro, always check your great ideas.
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