Laddering my shorts on $YFI: Bearish retest

Тема в разделе "English", создана пользователем Trading Ideas, 26 сен 2020.

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    Laddering my shorts on $YFI: Bearish retest
    YFI / US Dollar (calculated by TradingView) BINANCE:YFIUSD
    Bee_a_Trader
    6e8ABU7c_mid.png
    After giving an impressive rally in the last couple of days, it looks like, YFI may do a bearish retest on the larger timeframe.
    I took a small scalp and sold for a 4% gain today, but currently, I'm laddering my shorts till the 32k zone.

    Though market is choppy, and anything can happen, it is always better to play with proper position sizing and risk management! :)

    Time will tell if this simple setup is correct or wrong.

    As of now, I personally do not see any major reason (other than the Defi hype, which may soon die out) to take long here.

    I'll update targets soon, stay tuned :)
     
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