btcusd
-Weekly minor double top just on the liquidity area above the last all time high.
-This strong bull move had no correction.
-FED pauses rate cuts strengthening dollar over dovish investments.
Short indications.
-4h consolidation with every push to reach the high stopping below it.
-The lower half of the area owns the greatest share of price action.
Entry after a pullback into the zone and a confirmative strong bear candle-pattern.
Stop loss above this pullback.
Target on about 50% of the bull move that comes to be a previous negotiation area.
The trade here is indicative.
-This strong bull move had no correction.
-FED pauses rate cuts strengthening dollar over dovish investments.
Short indications.
-4h consolidation with every push to reach the high stopping below it.
-The lower half of the area owns the greatest share of price action.
Entry after a pullback into the zone and a confirmative strong bear candle-pattern.
Stop loss above this pullback.
Target on about 50% of the bull move that comes to be a previous negotiation area.
The trade here is indicative.
Disclaimer
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.