BTC Short
Daily Bias Bullish
4H:
MS change, LL formed, heading back to supply zone, 50 fib and EQ level.
Likely top of right shoulder if IHS is to form here.
4H:
MS change, LL formed, heading back to supply zone, 50 fib and EQ level.
Likely top of right shoulder if IHS is to form here.
Note
youtube.com/watch?v=GlUMrisQDq0&lc=UgzZ4Yd6GMd6nMfMVGV4AaABAgIn depth explanation here
Trade active
Nice rejection from the EQ level overnight, entry hit, SL moved down.Trade active
First TP Hit.I acidentally set my TP's on the hourly candles without realising, so 3 have filled already. This means I was targeting less R:R than I'd have liked. But can't complain about locking in profits.
First 4H target hit this morning around 60400, on top of the previous demand level
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.
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.