Completely out of shorts and building new long. Volume profile showing decent absorption with liquidity taps into support. Funding boards looking healthy. People waiting for 40k retest may be front run. Hoping for delayed X-mas run
Amazing R/R
*Bull divergence
*RSI forming rounding bottom
*Red shooting star before current candle is being eaten. We already had a shooting star, double patterns in short period is suspicious so while it would usually indicate downward momentum, I will go against the trend.
*Volume looking healthy
*Thin area in volume profile makes good entry
*Clear stop loss
Amazing R/R
*Bull divergence
*RSI forming rounding bottom
*Red shooting star before current candle is being eaten. We already had a shooting star, double patterns in short period is suspicious so while it would usually indicate downward momentum, I will go against the trend.
*Volume looking healthy
*Thin area in volume profile makes good entry
*Clear stop loss