BTC - Intraday Areas of Interest 03/12/2020
Updated
#BTC - Valid until 11am
I don't like to predict the direction of a market but focus on the price action in my highlighted area. Seems like there was a lot of selling pressure from yesterdays market. Be careful if you are looking to buy against the previous days direction, but there is a good buy area for buyers above the VWAP
Better to wait and see what the market does through the European session.
RED: SELL
GREEN: BUY
Utilise any moving average you like, and determine your base.
BUY LOW / SELL HIGH
Or
BUY STRENGTH / SELL WEAKNESS
Happy trading
I don't like to predict the direction of a market but focus on the price action in my highlighted area. Seems like there was a lot of selling pressure from yesterdays market. Be careful if you are looking to buy against the previous days direction, but there is a good buy area for buyers above the VWAP
Better to wait and see what the market does through the European session.
RED: SELL
GREEN: BUY
Utilise any moving average you like, and determine your base.
BUY LOW / SELL HIGH
Or
BUY STRENGTH / SELL WEAKNESS
Happy trading
Note
There has be two great buy opportunities today in the Buy area above the VWAP. I will be updating this Idea at 11am for the US sessionsNote
Below are my updated areas of interest based on the current European session
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