BIT

$BTC shorts Good reaction, once again. But then... (I derisked here at entry somewhat) Yeah.. great reaction initially right after taking the entry. But again the situation where the same position we took (shorts here) get entered after the move, into the low. Market makers detect it and the move stalls until they get squeezed. Kind of frustrating especially since I pinpoint my target in advance for the world to see, plus execution on top of it being the level where I make money, and then it getting front run again. Still think my plan will play out, and the stacked longs will get taken as a first stop. But personally, going to take it very slow, decrease size of what was half size even more, and slowly build it until target is hit or something drastic changes (don't see that happening). Overall, the FOMC reversal is still in play, the high has been placed and that's what we remember as base plan. Finding the local entry is one thing on top. I have shown and entered on Yesterday's top. But what happens after is sometimes out of control. I do think it's temporarily, but just preparing is the best methodology. After all, this is a short position, flexibility is fine, especially if you are holding a plethora of running longs already as part of my bullish bias. But I am not aiming to release the short this time because this is only local action of shorts into the low so I'm sure they will be squeezed rather quickly on just one move. But I don't want to go into it with large size.