BTCUSD intraday setup
BTCUSD is still in a downtrend, price captured buy orders and reversed to create a support which is too obvious. That is used to collect more orders to sell into and that's the premise of this setup - price to reverse within the zone and hit the buy orders below. Lower timeframe reversal logic to be used. GL
Note
We got tagged in, lets hope this thing continues in our directionTrade closed: stop reached
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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.