Last week I caught a hanging hammer line, and it didn’t break the previous high. I’m predicting bearish at the weekly level.
This week it feels more likely to pull back, but if I enter at the current price, I can’t tolerate a stop-loss at 83,000, and I also don’t think it will drop straight down. So I’m setting a limit order to open a short position at 81,000. The stop-loss is set around 83,000–84,000, aiming to be bearish toward around 73,000.
This week it feels more likely to pull back, but if I enter at the current price, I can’t tolerate a stop-loss at 83,000, and I also don’t think it will drop straight down. So I’m setting a limit order to open a short position at 81,000. The stop-loss is set around 83,000–84,000, aiming to be bearish toward around 73,000.
