BTC- Short Term Setup
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BTC is overall bearish now trading towards the lower refined ob, here am a little bit bullish because btc may go for retracement due to the broken structure, now with this price may touch(ROB) and move towards our point of interest.
As per trading style:
Because i don't want us to trade the retracement, lets wait for price to retrace to our point of interest then, will shall wait for a double touch at the point to confirm a short to the next support ($37,104) area.
Always follow your trading plan regarding entry, risk management, and trade management.
Goodluck!
BTC is overall bearish now trading towards the lower refined ob, here am a little bit bullish because btc may go for retracement due to the broken structure, now with this price may touch(ROB) and move towards our point of interest.
As per trading style:
Because i don't want us to trade the retracement, lets wait for price to retrace to our point of interest then, will shall wait for a double touch at the point to confirm a short to the next support ($37,104) area.
Always follow your trading plan regarding entry, risk management, and trade management.
Goodluck!
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