BTCUSD: Sellers Trapped 🔥
Updated
The wick below the minor support will have lured a huge amount of sellers in.
I would assume that price is likely to target seller liquidity now since price did not flow to the downside after the breakout.
I would assume that price is likely to target seller liquidity now since price did not flow to the downside after the breakout.
Trade closed: target reached
Related publications
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.