Hi all,
My last post was at the begining of the uptrend which is still in play however with a correction and sideways accumulation right under the sell wall.
That said, there's nothing concerning right now and i did not make any changes to my position.
However, since we are in a sideways trading range, we have an opportunity to take a short at the top and long at the bottom.
So, i will be looking for invalidation of an upswing at 49k before taking a short and vice versa for the downswing at 43k.
For risk management and hedging purposes, i'll not short 100% of my account, but instead between 15% - 50% and keep both positions open, unless one of them gets invalidated.
BTW, My 100k target has changed as we have continued accumulation. I'm now looking at $123k as the pnf horizontal count suggests and we keep on accumulating!
Normally i don't trade intraday charts, but this is a good opportunity i don't want to miss and besides, i'd like to practice some swing trade as i have lots of free time now :)
As always, trade safe!
My last post was at the begining of the uptrend which is still in play however with a correction and sideways accumulation right under the sell wall.
That said, there's nothing concerning right now and i did not make any changes to my position.
However, since we are in a sideways trading range, we have an opportunity to take a short at the top and long at the bottom.
So, i will be looking for invalidation of an upswing at 49k before taking a short and vice versa for the downswing at 43k.
For risk management and hedging purposes, i'll not short 100% of my account, but instead between 15% - 50% and keep both positions open, unless one of them gets invalidated.
BTW, My 100k target has changed as we have continued accumulation. I'm now looking at $123k as the pnf horizontal count suggests and we keep on accumulating!
Normally i don't trade intraday charts, but this is a good opportunity i don't want to miss and besides, i'd like to practice some swing trade as i have lots of free time now :)
As always, trade safe!
Protect your Bitcoin investment with our realtime alerts and fully automate your trading. No more sleepless nights, black swans, rug pulls, whale pump & dumps or getting sidelined.
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
Protect your Bitcoin investment with our realtime alerts and fully automate your trading. No more sleepless nights, black swans, rug pulls, whale pump & dumps or getting sidelined.
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。