BTCEUR, Short Position Exit Strategies and Value 3 Checkpoint

We can observe 3 different levels of resistance (Check Point) for planning your exit strategies in Short Positions.
Read the value on the ballon in a Chart for planning the correct strategy in a Short Position.
if one of the levels starts working as a support then I advise you to go out and change strategy.

For me, we will buy around 9.800 and 8.700 (Re-Buy zone)

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Operación activa:

First Check Point (Support) Reached.
Now we will waiting the trend direction before proceed to opening a Long Position.

- Be Carefully, wait for confirmations before moving.

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Operación activa:

The bearish trend is confirmed and continue.
Don't buy now.

- The checkpoint to control the trend and open (buy) or close (sell) positions at
- 9.800 Euro
- 8885 Euro
- 7724 Euro

MACD: Instant Time Frame - It is confirming Downtrend
RSI: Time 1D/1H - It is confirming Downtrend
DMI: Time 1D/1H - It is confirming Downtrend

Bollinger Bands - on Low Band
Parabolic Sar - (on Upper Position)

Operación cerrada: objetivo alcanzado:

BTC in retracement around Checkpoint 1 at 10.092 Euro.

Operación activa:

The Trend remaining at the first level and going in the horizontal direction.

Operación activa: