Accumulate funny money in this economy?
Updated
BTCUSDThis is continuation of previous idea which traded from smaller TF as part of paid stoplosess for current bigger 1D trade. We finally revisit support after completed waveA(1). And we got proper signal for range entry. Using CME futures chart give more precision or as additional source of truth, since it doesn't include bars from weekends.
We must trade above 26K eventually with magnet towards 30K, but if we do rejected around 26K this trade become invalidated.
What about money printer, isn't that whole point how number go up? Well human emotions are lagging indicator thus why you see many known patterns, behind greed and fear. And even in QT number can continue go up for while. And capitulation tiktok gamblers already done. If we must go down we must force sell big entities who use it as collateral currency.
Trade active
entry 19800Trade closed manually
that recent breakdown was already below manual stops, so trade is invalid now
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