Entry:
SELL SHORT XBTU15 (BitMEX weekly BTC/USD futures contract) while OKCoin.com spot is at 227.5 USD with a spot stop limit of 228 USD.
Exit:
Close XBTU15 SHORT position at 224.5USD;
Consider reducing the position by 40%-60% by taking profit at 226.5 USD.
Video Analysis:
Note: Today’s call has been adjusted to structure of the recent drop.