Aggressive trade set up on Bitcoin short.

Aggressive trade set up on Bitcoin short.

Seems we are exp the start of a pull back. I have PTs set between $8450 to $8184 with entry at $8600. Pull back allowed me to scale in higher as well. If we end up closing below $8600 the 2 hour should confirm as well which could end up targeting original PTs even lower in the $7700 range. Looks like we didn’t have enough strength to hit the 200 MA daily but we are going towards a close back below the flat top on the Ichimoku and an end to end trade in the $7500 range with alot of support to get through as well. We are only trading on the hourly atm so day trading is in effect due to volatility in the market.

Published at Wed, 15 Jan 2020 08:05:34 +0000

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