Get started
Bitcoin
Short

BTCUSD intraday setup

By fxsurgeon1
Updated
BTCUSD is still in a downtrend, price captured buy orders and reversed to create a support which is too obvious. That is used to collect more orders to sell into and that's the premise of this setup - price to reverse within the zone and hit the buy orders below. Lower timeframe reversal logic to be used. GL
Note
We got tagged in, lets hope this thing continues in our direction
Trade closed: stop reached
BTCUSDbtcusdanalysisbtcusdintradaybtcusdsetupbtcusdshortChart PatternsTrend Analysis
fxsurgeon1

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.