BTCUSD Perpetual ContractUpdated The Basics: Ranging Price Action
Mid time frame price action I am watching. Currently 2x short from 45650, will cut if we reclaim zone shown on chart
Note
I flipped long on ltf 5 minute price action, TPING right now as we speak at 45950, I am trying to be fluid today and just scalp LTF until the larger picture clears up. I was fully expecting a breakdown last night and gave away about 600usd in profit by getting stopped out on this move up. Last night everything was in place for bears to take over but bulls held. That does seem trappy and could rubberband back hard now after late bears begin to capitualte realizing their time has passed. Like I said not hanging on to a HTF bias right now trying to be fluid with LTF and take scalps.Note
Ez pz lemon squeeeeze
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.