BitcoinShort
L2L Scalp
Step-by-step
1. Established support level after heavy drop.
2. Price breaks through
3. Price retraces to the scene of the crime
4. Low Volume on retrace confirms weakness
5. Retest rejected to confirm S/R flip
6. Second retest can be a med risk entry
7. Double top with bearish div confirms entry
8. TP at 0.618 and POC
1. Established support level after heavy drop.
2. Price breaks through
3. Price retraces to the scene of the crime
4. Low Volume on retrace confirms weakness
5. Retest rejected to confirm S/R flip
6. Second retest can be a med risk entry
7. Double top with bearish div confirms entry
8. TP at 0.618 and POC
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