Short Position 91 pips

Contraction from a higher time frame, demand zone, I read reversal soon. ATR value zone. Just an idea possibility in calculations once BTC started the little dip with risk reward ratio which is or was headed to demand. Then uptrend expected.

Nota

Still aiming to plus target, this short position points to last years FOREX contraction. As I explained before contractions are magnets to a trend.
If trends never moved up and down from contractions then it’s like saying: gaps never get filled although there’s certain gaps I ignore which are the shorter times, in the same way with contractions.

THE FOREX MASTER PATTERN created by smart money is in process from when BTC crashed.
I never judge crypto alone. Only by CPI, NYSE, and DXY.
NEVER BY WHAT OTHERS SAY, NEWS etc.

Nota

Downtrend was a forex fake out. Made its way to contraction zone. Next move is above the contraction. BTC trying hard to pass big OB. Once it passes $40,300 then comes the next OB at $$40,735. May stumble along the way.
Forex will cause some ups and downs.
Until tomorrow I’ll have a wider look. I’m sure there will be a good dip before another uptrend but no crash or below BER:33K like other ideas say.
For now BTC reads UP.

Nota

BTC needs to pass $40,735; if so, we don’t know how high this could go. More or less is plus right above the contraction. Then must dip somewhat.

Nota

Well what do we know; made it to $40,731.

Dagangan ditutup: sasaran tercapai

This chart has been executed. Mission completed

Nota

Short traders should consider to sell at your own decision. No financial advice.

The_ForexX_Mindset

"You hear the wind, but where does it go?"

Penafian

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The_ForexX_Mindset

"You hear the wind, but where does it go?"