Yes, yet another low probability setup.
Reasons for me entering a short - Price closing back below the 12k resistance, which says it was a fake break out above the resistance.
Possibly back in the 11k-11.8k range.
Exit methods are manual. If price goes back above 12k that would be the caution sign for the shorts.
Let's see what happens this time!
Reasons for me entering a short - Price closing back below the 12k resistance, which says it was a fake break out above the resistance.
Possibly back in the 11k-11.8k range.
Exit methods are manual. If price goes back above 12k that would be the caution sign for the shorts.
Let's see what happens this time!
Note
Also i have set a wide stop, My stop is at like 13k, But will manually exit if btc manages to hold above 12k.Trade closed manually
Stalling and struggling to break 11.5 here. Exited for now. I dont want to be too bearish just yet.Trade closed: target reached
Note
For me id wait for break of 11700 to short or price to wick to 12k+...This 11.7k-11.9k area is no mans land.
Areas where i am willing to trade is 11.5k and 12.2k. Till then im out.
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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.