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BITCOIN / MEXICAN PESOS
Short

My first tech analysis 05/03/2021

118
I took a few trading courses and this is my first analysis where I was expecting bitcoin's price getting dropped in order to make an hypotetical short strategy. The profit area is marked by 0.5 and 0.618 Fibonacci's POV. Also I defiend my stoploss through the Parabolic SAR in case something goes wrong.
rodrx20
FibonacciSupport and ResistanceTrend Lines

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FibonacciSupport and ResistanceTrend Lines
rodrx20

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.