Following last trade: see 'Breaking Channels' in my published ideas.
I am watching & preparing for a further opportunity to short BTC at or above $6.4k. Ideally I would like to see a slight reversal and rise out of this bear pennant before opening a short position.
I am watching & preparing for a further opportunity to short BTC at or above $6.4k. Ideally I would like to see a slight reversal and rise out of this bear pennant before opening a short position.
ความคิดเห็น:
Bear pennant invalidated. Bear flag remains:
Increased short position at $6,450 & $6500.
Increased short position at $6,450 & $6500.
ความคิดเห็น:
Update: Bear flag continuing within charted channel. BTC looks set for a large move.
ความคิดเห็น:
Closed 12.5% of initial short position at $6,101. 45% profit realised on that portion of my short position.
ความคิดเห็น:
Update: Closed a further 12.5% of initial short position at $6,175. >20% profit realised on that portion of my short position.
75% of initial short position remaining.
75% of initial short position remaining.
ความคิดเห็น:
Update: Closed a further 50% of initial short position below $6,400. 4% profit realised on that portion of my short position.
25% of initial short position now remaining. I will monitor further before making the decision to increase or reduce my position.
25% of initial short position now remaining. I will monitor further before making the decision to increase or reduce my position.
ความคิดเห็น:
Update: Closed a further 12.5% of initial short position at $6230. 25% profit realised on that portion of my position.
I will likely close the remainder of my position around this level.
I will likely close the remainder of my position around this level.
ความคิดเห็น:
Edit: ROE error in last update. Profit realised was 17% rather than 25%.
ความคิดเห็น:
Update: Closed remaining 12.5% of initial short position at $6250. 15% profit realised on that portion of my position.
100% of short position now closed. Update with final realised profit will follow.
100% of short position now closed. Update with final realised profit will follow.
Exchange: Bitmex
Product: XBTUSD Perpetual Swap
Margin: 5x
Liquidation Price: $8,000