Over in this video, I explained the bitcoin short by explaining the wave 4 structure and how I set the stop losses and take profit target using resistance level and previous waves and Fibonacci extension levels.
I also talk about how I will trade this setup by scaling in.
I also talk about how I will trade this setup by scaling in.
Trade closed: target reached
Target reached exactly as projected.
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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.
Related publications
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.