Looking at on of two market movement scenarios depending on open interest and market structure coming in too a squeeze looking for an impulsive move in either direction.
just my thoughts on an Elliot wave play on btc for today
basic market structure, trend and fibs, what's the next move?
After a strong sell off looking at this set up as a retracement-flag Trade set up Waiting for trade, looking for market structure too change, indicators break of trend break below support looking for the retest of resistance as an entry. Candlestick analysis wicks RSI looking for peaks or divergence Trade time would expect this trade from break retest too...
TA Fridayz potential short entry NEOUSDT