BTC suffered FATAL from divergence/ RECOVERY Reversal in process
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Divergence dip from retail traders selling. It’s their loss. BTC is already gaining momentum with my dynamic combinations. White bull wave trend keeps aiming up. Reversal in process. I’ve added a short position 2% risk reward ratio. Red block added to short position would be worst case scenario.
Used NASDAQ sessions for short position
Pips read 565.3 on a short position at $71,527 on a 1 hour TF.
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$71,445, new LL. $82 dollars less from pips price at $71,527
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Be aware in advance, there might be a sweep from $71,540 to $70,889.
Not saying it’s going to happen but it’s my advance warning in case it happens.
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In the next 5hours this means 5 candlesticks on a 1hr TF. BTC will be wavy or may end Bear Trap at any moment because I now have a signal which has detected a volume dump. I’ve used historical graphs by going back to count time. After 5 hours, uptrend restarted.
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BTC has now created liquidity above and still is. Stay tuned for another round up push based on my last comment.
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Remember 38 minutes ago I mentioned Be aware in advance, there might be a sweep from $71,540 to $70,889.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.