BTC THIS WEEK SHORT AND LONG SETUPS
Potential long/short set up, 1D
1. (RED) If price reach the red area supply, zoom lower timeframe and find short entry down to take profit before grey area demand, then take a long position from there.
2. (BLACK) if price consolidate to grey demand, take a long up to red area supply.
The red area is a very strong resistance/ supply zone, high chance we will break below during the first touch.
1. (RED) If price reach the red area supply, zoom lower timeframe and find short entry down to take profit before grey area demand, then take a long position from there.
2. (BLACK) if price consolidate to grey demand, take a long up to red area supply.
The red area is a very strong resistance/ supply zone, high chance we will break below during the first touch.
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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.