BTC has changed the downward local trend or is MM confusing us?
Updated
In trading, you need to be pragmatic and change in step with the market.
On the daytime timeframe, however, there is a pressure level of 6800, the market maker does not let the price lower, it can be seen from the lows.
Exit the triangle, for the market and for me it will be an amplifying signal to sell.
But maybe after the triangle breaks down, there will be no movement, the whole MM fall will buy out. It will be a great signal to long.
above last forecast
We had a great ride on the last waves. Hopefully everybody made some money. Yesterday I changed my position from long6200. Stop at breakeven.
looking at two scenarios:
long:
shorts:
my global vision:
On the daytime timeframe, however, there is a pressure level of 6800, the market maker does not let the price lower, it can be seen from the lows.
Exit the triangle, for the market and for me it will be an amplifying signal to sell.
But maybe after the triangle breaks down, there will be no movement, the whole MM fall will buy out. It will be a great signal to long.
above last forecast
We had a great ride on the last waves. Hopefully everybody made some money. Yesterday I changed my position from long6200. Stop at breakeven.
looking at two scenarios:
long:
shorts:
my global vision:
Comment
the idea worked itself out. long +16%fresh idea
Related publications
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.