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BTCUSD - Short - $7727, Next Stop?

COINBASE:BTCUSD   比特幣 / 美元
Hope this idea helps!
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BTCUSD has moved below our Above Water Breakouts + Auto Trailing Stop Loss Indicator - Blue Overlay. This for us is a short signal. We can see in the past that when we head under the water we see quite large price drops. We feel we could see support at the $7727 level but will have to see how this plays out. Again, a great call by this indicator. Proud to have it in our pocket to trade with.

Premium Indicators Used In This Post:
Above Water Breakouts + Auto Trailing Stop Loss - Blue Overlay

Enjoy life, enjoy trading!
Travis

This information is not a recommendation to buy or sell. It is to be used for educational purposes only.

評論: Bearish engulfing candle followed by an underwater break means large price drops every time.
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Thanks for posting! I really like looking through your material. Nicely done! your prediction success rate is way over 50% too!
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@samiswilf, thank you so much for that compliment! We do try our best, and will be the first to admit we have made bad calls but we strive to learn from them very time and become better and better on every post.
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