Had s look at the charts and I see only 2 opportunities here: 1. Test range highs @ 44100 to 44300 and reject with impulse creating a MSS - We short on the retest. 2. Test my kill zones and preferably fill in the 4H FVG atleast till the mid point (45700( and reject with impulse creating a MSS. We short on the retest. It could also go up as high as the market...
4H OB reacted very nice with a breaker forming and price bouncing. Targetting the initial consolidation above.
Entered a short position on BTC at the 27550. Looking to ride the short till 25800 and 24800. Reasons and confluences: - Head n Shoulders Neckline Retest - 4H 55 EMA at 27400 - 1D 55 EMA at 27590 - 4H RSI creating hidden bearish divergence; The RSI has been reset and can continue the downtrend. Invalidation is a hold above 27800. If this happens, we set...
A break of 29800 below will make me 100% certain that this is playing out. Let's see. Looking to catch a short at 30250 towards 25200 with an SL of 30650 on BTC.