XBT/USD
Once again at resistance
XBT has bounced of this level 3 times this year.
RSI has not spent much time above 78
Taking a short position
ENTRY 4090
SL 4250
TP #1 3565
RR - 3.29
XBT has bounced of this level 3 times this year.
RSI has not spent much time above 78
Taking a short position
ENTRY 4090
SL 4250
TP #1 3565
RR - 3.29
Note
BOOM So the 5th attempt is the one that breaks through. Is this a real turnaround or a fakeout?Watching volume and PA for possible reentry to short
I post my trade ideas as a tool to check historical results and improve. Any comments, corrections or criticism are welcome. Progress not perfection.
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.
I post my trade ideas as a tool to check historical results and improve. Any comments, corrections or criticism are welcome. Progress not perfection.
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.