BTCUSD - Possible Wyckoff Distribution Play
Chart as is it is, I recommend reading about Wyckoff patterns here: girolamoaloe.com/wyckoff-trading-method/
Ideal short is 8413 with a stop at 8500.
Ideal short is 8413 with a stop at 8500.
Trade active
Entry 8214.Trade closed: stop reached
Trailing stop hit at 8200.
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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.