There is a CME gap at 50100
90%+ of these gaps get filled.
BTC needs to test 50k to go higher IMO, the combo of these two issues makes perfect sense for me to enter a short here.
My BTC short set:
Short 20x
Entry: 51650
T1: 51125
T2: 50600
T3: 50075
Stop: 1hr candle close above 52175
90%+ of these gaps get filled.
BTC needs to test 50k to go higher IMO, the combo of these two issues makes perfect sense for me to enter a short here.
My BTC short set:
Short 20x
Entry: 51650
T1: 51125
T2: 50600
T3: 50075
Stop: 1hr candle close above 52175
Trade closed: stop reached
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Related publications
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.