I can not say how long this Short will last, because I am currently viewing Order Flow and watching Live to look for clues.
But at the very least, if you were scalping, here was a great trade.
Buying volume exploded high above the last point of Supply, but price did not.
Therefore, we can see there is likely Buying Absorption occuring, as we also have upper wicks on the 15 minute candles.
It's probably going to drop more here, but depending on what you think of the market will depend on how long you hold this Short.
We can see that at least here, you had a profit based on a 15 minute volume analysis. It was a 2% move on Bitcoin within 30 minutes which is fantastic.
But at the very least, if you were scalping, here was a great trade.
Buying volume exploded high above the last point of Supply, but price did not.
Therefore, we can see there is likely Buying Absorption occuring, as we also have upper wicks on the 15 minute candles.
It's probably going to drop more here, but depending on what you think of the market will depend on how long you hold this Short.
We can see that at least here, you had a profit based on a 15 minute volume analysis. It was a 2% move on Bitcoin within 30 minutes which is fantastic.