After a nice move up yesterday that printed a clear SFP, we are back into the range and even in a smaller one for the past few hours (6550-6580).
As I'm not currently in a position, I will analyse Price Action as I expect BTC to chop for the day. Stop hunt are expected in either blue box. I'm still more bullish biased but don't expect much from today.
Will open a small long if we retest 6550.
As I'm not currently in a position, I will analyse Price Action as I expect BTC to chop for the day. Stop hunt are expected in either blue box. I'm still more bullish biased but don't expect much from today.
Will open a small long if we retest 6550.
Trade active
Long 6547Trade closed: stop reached
Stop triggered. Didn't think we could run stops below 6519. I was wrong
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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.