High risk short trading plan. (bitcoin)

Jan 17, 2021

It's kinda risky to go short when the market is in a strong uptrend like this.
Imma open a short position when the price closes below F3. Then probably close the trade around 22-25k level.
DISCLAIMER ON For sure

Jan 20, 2021

Note

The price just close below F3. I just opened a $200 short position. Let's hope that my analysis is correct this time. Imma close the position between 50%-61.8% Fibonacci retracement.

Jan 20, 2021

Note

I'm doing a speculative trade right now since the price hasn't break from the triangle formation. But since the price has close below F3 it indicates that the bulls are running out of steam. So I opened a short position anyway.

Jan 21, 2021

Note

The price just breaks out from the triangle pattern. Still waiting for the 4H candle to close below 23.6% Fibonacci retracement.

Jan 23, 2021

Note

Postition closed at $32777.5
Reason : Inverse H&S pattern on H1 timeframe.