price tightening around 9151 vwap give or take a few satoshis. I am of the opinion the short is the higher probability trade here although I include another option too - that is simply back to the other side of the range, perhaps liquidity tap around 9700 followed by capitulation. I am in a short for now having closed by long at approx 9250s. Subsequently short from that price now also. Will let this ride and if get stopped and miss the long, so be it.
Trade active
Still in short. Target 8550.Trade closed manually
Closed this at 8700s. Was pretty happy with it. Reason for closing manually was that my target could have been front run having touched 8600s thus making prospect of upside and losing gains becoming a high probability. Worked out well. #learning.
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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.