BTC Trade on Jul 4, 2019 16:47 from Marius: Tradervue User Stock Trades.

Updating notes in a bit. Tape reading around 11.5k notes to add + multi-timeframe analysis.

So I originally got into this trade because I decided to do a little bit of tape reading practice. Although I'm more of swing term trader, I used to scalp with more capital in the past on stocks. My first major successful scalp was when TSLA had the short squeezes from the "Funding secured" tweet Elon Musk made. I'd practice with order flow on the level 2 and time and sales. Before that I did practice in a crypto exchange.

I noticed a key level of support being tested and decided to put on a trade more so on the level being tested with a low risk entry from that support. I labeled this trade as a C trade as I show more positive results waiting for confirmation on the chart and in this case we can add partial confirmation in the order book looking at the bid at the support level. Still I was missing my charting confirmation edge.

• RVOL D, not significant <1.00
• Market Cap 200B
• Average Volume ~35K

BTCUSD 4h, trade overview

Trade Review, Risk, & Management
My stop was filled as we broke the key support which used to be resistance. More consolidation is more probable in the shorter-term as we get more clarification in the mid-term timeframes. Price also moved through the vwap levels and now looking to see if we can retrace to a 61.8% and or about half this mean reversion from the recent low. Cash position at the moment to see how bearish momentum develops. Maybe I should consider paper shorting and creating another Tradervue account for paper trades since I can't short on my exchange ? (will check back later on that)

BTCUSD 1h, trade overview