Maybe i'm wrong, but there will be an impulse down BTC/USDT
Updated
Hello dear friends, I am opening a new short position from 31600
Targets: 30100 - 29350 - 28670 - 27580
Stop loss at 32500
All traders, please, don't forget for this⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
I ask each of you to consider your own risk and money management. Do not trade with a large "X10-X100" and always place a stop loss.
I am not saying that this should happen 100%. No, but I see that the price is sandwiched between 2 strong Market Maker levels.
Plus, at the hourly timeframe, the volume for buying weakens, and the price goes up. That speaks to me personally about the bear trap.
Let's take a look. Today I will describe for you a complete analysis in simple words. and I will try to explain why it is short, and not long when rebounding from the level.
Targets: 30100 - 29350 - 28670 - 27580
Stop loss at 32500
All traders, please, don't forget for this⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
I ask each of you to consider your own risk and money management. Do not trade with a large "X10-X100" and always place a stop loss.
I am not saying that this should happen 100%. No, but I see that the price is sandwiched between 2 strong Market Maker levels.
Plus, at the hourly timeframe, the volume for buying weakens, and the price goes up. That speaks to me personally about the bear trap.
Let's take a look. Today I will describe for you a complete analysis in simple words. and I will try to explain why it is short, and not long when rebounding from the level.
Note
Yesterday, according to an open trading recommendation, we opened short positions - 2 target positions were reached.Profit 1310 pips / $
Note
Also yesterday, in a private trading idea, we opened a large short from 31600, but it is closed at breakeven. (price found support at the level)
And opened a long position from 31400 (also a private trading idea)
Note
Private trading idea - Long - the first target is reached, 1100 profit points. Closed at breakeven.
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