Short Bitcoin on a bearish retest.
Pretty simple idea here.
If price can manage to open and close a 4H candle below the green box (support) im ready to put in orders to short a retest.
A close below the diagonal trendline would be most ideal.
Targeting support below.
If price can manage to open and close a 4H candle below the green box (support) im ready to put in orders to short a retest.
A close below the diagonal trendline would be most ideal.
Targeting support below.
Note
This played out pretty well..
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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.