Shared by
A-K_MoneyBagz
I am an RSI reversion to mean trader. I usually day trade. So for this one I simply saw a gap up. This was due to a massive BTC runup the previous week. This created a great short opportunity that continued to be valid into the next week and BTC came back down to earth. The hourly RSI showed it was RIPE for a short so I pulled the trigger. Worked out very well!
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-07-25 09:37:39 | SI | sell | $84.150 | short |
| 2022-07-25 09:40:59 | SI | sell | $87.020 | short |
| 2022-07-26 09:35:15 | SI | buy | $83.910 | short |
| 2022-07-26 10:13:41 | SI | buy | $82.930 | 0 |
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