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4-hr supply block tapped, will it bounce?
Bitcoin / TetherUS
Long
4-hr supply block tapped, will it bounce?
By ClearOpenDoor
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Updated
May 26, 2021
2
May 26, 2021
If the next 4-hr closes within the rising wedge, we'll be able to enter a scalp play for a return to the highs of the day.
May 26, 2021
Trade active
Trade entered at $38,500
Better to enter before it even gets back into the rising wedge. Even if it rejects we should get stopped out in profit.
May 26, 2021
Trade closed: stop reached
Stop loss hit.
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ClearOpenDoor
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