Why did I choose the short (scalping) direction?
BTC is currently trading in a narrow range, moving up and down. The D1 uptrend has already played out, from 82K to the 95K zone. Now, we’re waiting for a D1 correction to consider going LONG again. During this D1 downtrend, we can scalp SHORT on H4. However, I’m not choosing to BUY above 95K to chase 97K. Instead, I’ll wait to SHORT or, if no SHORT opportunity arises, wait to LONG again on D1.
BTC is currently trading in a narrow range, moving up and down. The D1 uptrend has already played out, from 82K to the 95K zone. Now, we’re waiting for a D1 correction to consider going LONG again. During this D1 downtrend, we can scalp SHORT on H4. However, I’m not choosing to BUY above 95K to chase 97K. Instead, I’ll wait to SHORT or, if no SHORT opportunity arises, wait to LONG again on D1.
Founder: rainbowsniper.ai (searching trend systme,coming soon) Telegram information: t.me/rainbowmg3 Vietnammese Channel: chat.beincom.com/178aa7279bd5/channels/town-square
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.
Founder: rainbowsniper.ai (searching trend systme,coming soon) Telegram information: t.me/rainbowmg3 Vietnammese Channel: chat.beincom.com/178aa7279bd5/channels/town-square
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.