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15941449 No.15941449 [Reply] [Original]

Where should I close my short?

7.5k?
7k?
lower?

>> No.15941462

7100

>> No.15941484

6500

>> No.15941500

>>15941449

Around $6200 to be safe.

>> No.15941508
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15941508

>>15941449
i'll close it for you anon

>> No.15941521

>>15941449
Depends what leverage you took and what volatilty you can stomach.

I would expect us 7k to be a good level if you want to close and reopen a short, 7k is a strong psychological barrier so I would think trying to reopen a short a 7.3 would be valid if bulls show some strength, but if it's only a short bounce you could let it break 7k to confirm and reopen under 6.7, if it goes that low it's pretty much guaranteed to revisit 6. Wouldn't be comfortable shorting past 6 without some strong indicators confirming, too easy to get range bound around that level

>> No.15942178

based anon.

I think between 7.2 and roughly around 6.5k could be a good target to close the short. maybe a good idea would be to move the SL to around 7.4k after hits 7.2k and place a long.

and also a good place to put a long with a tight stop loss. in case it goes lower than 7k then a revisit to 6k or lower (possibly 5.5k~)

also possible to overshoot to 6k and lower without stopping at 7k but not that likely

>> No.15942182

>>15941508
lol

>> No.15942262

>>15941449
bube

>> No.15942285

$550

Yes, five hundred fidty

>> No.15942409

>>15941449
I've got a buy order at $7.5k and I don't care who knows!

>> No.15942799

>>15941449
1k, don't wanna miss out on the gains

>> No.15942821

>>15941449

You should avoid margin t4ading altogether

>> No.15943057

>>15941449
goddamn look at the size of those milks! is that a shoop?

>> No.15943463

>>15941508
holy shit

>> No.15944245
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15944245

>>15941449
M
I
L
K

>> No.15944253
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15944253

>>15941508

>> No.15944267
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15944267

>>15941449