BTCUSD - Local Fib Short Play
Trading the trend on this one. Expecting stop hunt for overleveraged shorts, I want to see the H1 and H4 SRSI maxed out ideally in this range (although there's a possibility that price will only wick this level).
Barting is not ruled out. I am going to exit some of my hedge here to make room for this short.
Barting is not ruled out. I am going to exit some of my hedge here to make room for this short.
Note
Play edited - scale in is now in this region : Note
Target strike - not a win but nice to see TA work
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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.