Most markets are closed today.... but Cryptos are not so I spent some time looking for possible trades in the Cyrpto world!
In my opinion, BTCUSD is preparing for a short... a bearish contraction is forming and I am now waiting for the 3rd Higher High which will confirm an excellent short selling entry. (based on my trading system)
Remember, my system doesn't care where the price will go beyond my TP... which is the 50% or 61% of the contraction 90% of the time...
I trade 3 patterns and that's it, and these 3 patterns have rules for trading and my ONLY mission is 5% a week in profits.
In my opinion, BTCUSD is preparing for a short... a bearish contraction is forming and I am now waiting for the 3rd Higher High which will confirm an excellent short selling entry. (based on my trading system)
Remember, my system doesn't care where the price will go beyond my TP... which is the 50% or 61% of the contraction 90% of the time...
I trade 3 patterns and that's it, and these 3 patterns have rules for trading and my ONLY mission is 5% a week in profits.