I think this price action was very ridiculous. Not enough volume for me to believe this was a true bear move.
It feel more like a bull trap was setup around 71k few days back, and bulls taking revenge by setting bear trap by closing under 66k
Extending the bottom / stop to 65k and going long at 65500 now
It feel more like a bull trap was setup around 71k few days back, and bulls taking revenge by setting bear trap by closing under 66k
Extending the bottom / stop to 65k and going long at 65500 now
Trade closed: target reached
Closing this as I think 69 is the max strength that we have
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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.