XBTUSD - SHORT SCALP SET UP (Retracement HTF)
Updated
looking to take a short scalp from the 4050-3950 range for set up one,
with a set up to be taken on the 4250-4400 levels for a broad Price range
will be taking position on a range break rejection off res/fib boxes
BIAS: LTF BULLISH HTF BEARISH
Im seeing a tap of the 4k range before a break down from the 100 day ma
(dead cat bounce towards previous lower high htf) then back down HTF
into range low (3k-2k) before any major movements/LONG rallys for the bulls.
on that note, congrats on the 3800 smash BULLS! G.J
C.
with a set up to be taken on the 4250-4400 levels for a broad Price range
will be taking position on a range break rejection off res/fib boxes
BIAS: LTF BULLISH HTF BEARISH
Im seeing a tap of the 4k range before a break down from the 100 day ma
(dead cat bounce towards previous lower high htf) then back down HTF
into range low (3k-2k) before any major movements/LONG rallys for the bulls.
on that note, congrats on the 3800 smash BULLS! G.J
C.
Note
Green Hot Boxes are SCALP & HTF Target Points.Red Boxes are Short Price Points
Note
a break and hold into & above these P.P will validate a Long scalp Into the 100 day MA, I will play both LONG V SHORT on range break rejections for SCALPSA good time to start planing your swings if you have not taken a position long for the ride up . remember never fomo, the market never sleeps, (neither dose it care for your emotions)
Trade closed: target reached
(Scalp) Closed on 3871/3875,Will lok for a possible Long Scalp/Swing From the 3750/3800 Range
Profit from 3985 entry: (10x):29.45%
Profit from 3950 entry: (10x):20.42%
Trade active
Update, Hold 20% of your position for tp range 2 with SL on entry for the remaining %80 if you are holding short in profits
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