BTC is finally giving the 26.6K retest discussed previously (linked idea).
Will look to open new shorts after a deviation of 27.2K.
Invalidation remains 27.5K-28K for the time being. A clear break and we will look for other trades ideas.
Currently on the sideline waiting for more PA to develop.
Entry at market (aggressive) with stops above 27.5K. Entry after deviation of highs 27.2K
Entry at market would be an entry at deviation of mid range so be CAREFUL of the squeeze.
TP 25200$
TP 19400$
TP 15975$
SL 27500$-28000$
Stay safe and never risk more than 1-5% of your portfolio per trade. The analysis is merely a price action based analysis and does not constitute financial advice in any form.
Will look to open new shorts after a deviation of 27.2K.
Invalidation remains 27.5K-28K for the time being. A clear break and we will look for other trades ideas.
Currently on the sideline waiting for more PA to develop.
Entry at market (aggressive) with stops above 27.5K. Entry after deviation of highs 27.2K
Entry at market would be an entry at deviation of mid range so be CAREFUL of the squeeze.
TP 25200$
TP 19400$
TP 15975$
SL 27500$-28000$
Stay safe and never risk more than 1-5% of your portfolio per trade. The analysis is merely a price action based analysis and does not constitute financial advice in any form.
