Well....well.....well, look at that, damn bears trying to set a trap but I know their game very well and one of two things it will take place and fortunately at the end both scenarios will have the same outcome (UP).
We can see that price didn't drop last nigh when it should so next price move during the next 2 or 3 days(if not sooner) either will move sideways and then breakout or it will drop to grab liquidity bounce and then breakout to go for the $107k in either case scenario it will end up going for the $107k. Now if you are Long with high lev and your liquidation point is above $103500 you gonna get rekt. Know the rules of the game ...Play it safe. Take care everyone.
We can see that price didn't drop last nigh when it should so next price move during the next 2 or 3 days(if not sooner) either will move sideways and then breakout or it will drop to grab liquidity bounce and then breakout to go for the $107k in either case scenario it will end up going for the $107k. Now if you are Long with high lev and your liquidation point is above $103500 you gonna get rekt. Know the rules of the game ...Play it safe. Take care everyone.
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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.