BTC UPDATE
I got the downside movement I was looking for but not from the level I was short from. Got a spike above my entry, taken out at BE.
My logic was shorting into the long. The overall idea is still intact, BTC is currently at one of what would have been the targets for the short.
The weekly candle is about to close, I will be doing a fresh top down analysis this weekend with directions and targets.
I had two trades go against me this week but that’s the way the markets work sometimes. These losses will be insignificant compared to the swing trade I’m looking at.
My logic was shorting into the long. The overall idea is still intact, BTC is currently at one of what would have been the targets for the short.
The weekly candle is about to close, I will be doing a fresh top down analysis this weekend with directions and targets.
I had two trades go against me this week but that’s the way the markets work sometimes. These losses will be insignificant compared to the swing trade I’m looking at.
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