9H BTCUSD Short opportunity, 8H Heffae Cloud interaction

Jun 3, 2018

Trade pending on interaction with Real-Time support and resistance.
Price is about to interact with 8H cloud, which has shown positive correlation with price until being violated recently.
Stops 7850
TakeProfit 6500
Open hedge until next interactions

Jun 3, 2018

Note

Support Zones on 4H:

Jun 3, 2018

Note

Jun 4, 2018

Trade active

Jun 4, 2018

Note

One takeprofit signal, hit bottom of 8h cloud path. Also hitting support on this pattern. Personally, I think it will go deeper. Closing takeprofit amount

Jun 5, 2018

Trade closed: target reached

Short target reached on 4Hr cloud resistance. 8Hr shows possible green candle incoming for a dead-cat bounce.