BTC 15m, Care, watch for new local lows

Updated

Take care here, if this rejects, expect a new local low.

Note

Good example why you don't trade the impulse, and only the retest, so I wait now for another setup. Price action is fluid and have to follow it. Still looking for further down, just not here yet.

snapshot

Note

Most likely just collecting liquidity at the new "local high"

Also on:

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.