Hidden double bottom. Price reads $68,417, since last night when the smart money entered the trade. Double bottom met criteria combined with smart money entry.
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Smart money trend lines
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No sell yet
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I don’t have a sell yet but if anyone does not want to risk it by a few extra dollars to hit target double bottom. You know what to do.
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The bulls will keep plunging it or keeping it within a zone and by doing so, 1hr TF is processing a gap for a later dip.
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There’s about 6 min left to the 1 hour TF. You’ll see, a gap will get created. If so, then the candlesticks will move much higher than now. This will trap retail traders at the top for a later gap dip.
This will help print more bull runs.
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Or may dip for a later uptrend to fill in the gap but no sell yet.
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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.