RLCO Crossover Short
Ok, so I had thought we would retest the 2.6 stdv Bollinger band again (about 41k), and I would short from there; unfortunately, we didn't make it, and we have activated an RLCO crossover which is an even more powerful short signal.
Down she goes (let's see - you never know because Bitcoin). Place a stop across the 10-day channel and ride it down. At this point, I don't really have a profit target other than following the trend as long (or short) as it goes.
Now 38,150.
Down she goes (let's see - you never know because Bitcoin). Place a stop across the 10-day channel and ride it down. At this point, I don't really have a profit target other than following the trend as long (or short) as it goes.
Now 38,150.
Note
moved stop just barely into the money (about 38050). Let's see what we got here.Trade closed manually
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Related publications
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.