BitcoinShort
market trend HW1
daily trend = bearish
4h = bearish
strategy = shorting?
time frame = 4h
signals:
1. buyer exhaustion
2. bearish engulfing
3. price consolidation
waiting for:
1. price breakout
2. morningstar to indicate potential reversal
would not enter the market just yet as there is uncertainty in the market, hence the sideways move.
4h = bearish
strategy = shorting?
time frame = 4h
signals:
1. buyer exhaustion
2. bearish engulfing
3. price consolidation
waiting for:
1. price breakout
2. morningstar to indicate potential reversal
would not enter the market just yet as there is uncertainty in the market, hence the sideways move.
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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.