Rally losing momentum?:
Price has reached the 38.2% Fibonacci retracement of the decline from 05-MAR-2018 to 01-APR-2018.
Rising price action is creating negative divergence against declining overbought RSI on the 4-hr.
Short position activated:
BTCUSD (BITFINEX)
OPEN: 8064
CLOSE: 4257 (& open-ended, 1000?)
STOP: 8459
RISK: 4.95%
REWARD: 47%
Following trade closed, stop-loss activated:BTCUSD (BITFINEX)
OPEN: 8012
CLOSE: 4257 (& open-ended, 1000?)
STOP: 8226
RISK: 2.65%
REWARD: 47%
Following unactivated order cancelled:BTCUSD (BITFINEX)
OPEN: 7810
CLOSE: 4257 (& open-ended, 1000?)
STOP: 8226
RISK: 5.3%
REWARD: 45%
Currently active zero risk trades:BTC/USD (BITFINEX)
OPEN: 10900
CLOSE: 4257 (& open-ended, 1000?)
STOP: 11788 9200
RISK: 8.15% 0%
REWARD: 60%
BTC/USD (BITFINEX)
OPEN: 11253
CLOSE: 4257 (& open-ended, 1000?)
STOP: 11788 9200
RISK: 4.75% 0%
REWARD: 62%
BTC/USD (BITFINEX)
OPEN: 9335
CLOSE: 4257 (& open-ended, 1000?)
STOP: 9990 9200
RISK: 6% 0%
REWARD: 55%