[Mar 23, 2019] Potential Entry - BTC/USD

This post is to highlight a BTC/USD potential entry. Price action obtained via GoMarkets.

Potential Entry


ItemDescription
PositionShort @ 4283 (GoMarkets)
StatusNot Filled
TimelineT2
Confidence of the order being filled20%
Confidence of the trade70%
Target39xx (rising 16MA)

T1 - 0 - 2 Weeks | T2 - 2 weeks - 6 months | T3 - 6 months to 3 years

Technical Analysis



Price Obtained by GoMarkets

Due to trading CFD and have no access to it over the weekend, the entry is put in place before the the weekend to capture any unlikely weekend/Monday open huge swing. To be re-evaluated next week.

Disclaimer


While we believe in collaboration and working towards a common goal as good thing, it has in the past affected the way we trade so to keep this as consistent and drama free, we will not be replying to comments most of the time to keep this approach as streamlined as possible. You'll certainly see us making comments and upvoting other amazing posts though!

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