Big week ahead of us. Just in time for the World Series of Trading!
Simple but sizable trade opportunities ahead over next few days and weeks in line with market expectation:
- $21,800 - Short Today. Target is TBC. Entry should be today just after US open. The drop might be quite sharp. Expecting that we will not reach the
13K area and expecting an exit around $17k ($15k hopeful). Risk: Market might break 21,900 to move up to 
23K+. More interested in the long next week so leveraged short will be minor and tight stops.
- $17,000 - Long Next Week. Target $37,000. We will have a few days at the bottom before an impressive pump. BTC and ALT Entries on strength - not trying to get the exact bottom, localised double bottom around $17k would be the structure I'm looking for and BTC/ALT entry signals likely to vary. Expecting this to be the only long opportunity in 2022 so will commit.
All Hypothetical.
Best,
Hard Forky
Simple but sizable trade opportunities ahead over next few days and weeks in line with market expectation:
- $21,800 - Short Today. Target is TBC. Entry should be today just after US open. The drop might be quite sharp. Expecting that we will not reach the
13K area and expecting an exit around $17k ($15k hopeful). Risk: Market might break 21,900 to move up to 23K+. More interested in the long next week so leveraged short will be minor and tight stops.- $17,000 - Long Next Week. Target $37,000. We will have a few days at the bottom before an impressive pump. BTC and ALT Entries on strength - not trying to get the exact bottom, localised double bottom around $17k would be the structure I'm looking for and BTC/ALT entry signals likely to vary. Expecting this to be the only long opportunity in 2022 so will commit.
All Hypothetical.
Best,
Hard Forky
Note
Looks like a 3rd touch at 21,700. Will get my final shortNote
waterfallNote
looks like $19k might holdNote
DXY Potential reversalNote
The rest is history
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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.