6400 Shorts
I posted an idea a few days ago that led PA down to the teal 61.8 Fib at ~5100.
I had expected more of a scam wick situation up to 6400 and a sharp drop downward, so I am being cautious and haven't entered a position here yet. Will wait to see what the candle posts on the 2H. Daily looks very bullish. Depending on today's close, I may not enter this position. BTC is just ranging for now. Keeping an eye on it and flipping my bias constantly.
Good luck out there
I had expected more of a scam wick situation up to 6400 and a sharp drop downward, so I am being cautious and haven't entered a position here yet. Will wait to see what the candle posts on the 2H. Daily looks very bullish. Depending on today's close, I may not enter this position. BTC is just ranging for now. Keeping an eye on it and flipping my bias constantly.
Good luck out there
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As I was typing the above, the scam wick I was wating for happened on 1H. It popped just above the previous wick on the same TF, so I entered a short position at 6380. Kinda funny, should've left my short limit at 6450 from yesterday. Dang ha.
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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.