Squeeze the longs squeeze the shorts
from a price action, and liquidity point of view it would make great sense that we hold the low before the low, if we end up losing the low of the range we will be bearish.
Due to the 4 Equal highs after ATH, we have built up so much short liquidity. so it would make perfect sense to take out ATH and stop out those shorts and after people flip bullish we continue towards 51-53k
Due to the 4 Equal highs after ATH, we have built up so much short liquidity. so it would make perfect sense to take out ATH and stop out those shorts and after people flip bullish we continue towards 51-53k
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.
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.