Hi Everyone!✋🏽
Bitcoin printed a not perfect, but nice enough trigger candle through the short trigger zone. There is a Weekly North Breakout zone that can make the price turn around a head for another correction, but when this weekly zone will have been fallen, there is a considerable probability that BTCUSD goes all the way down to the next weekly zone marked on the chart.
Caught on a lower timeframe (H4/H1), it could be an excellent opportunity.
However, if the price closes above the trigger zone or closes back the weekly zone (marked by red X), I'd close my short position.
What do you think???
Trade safe! ⚪️⚫️
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Thanks for reading my analysis!🤘🏽
Remember that trading is a risky business.
SIZE your TRADES according to your risk aversion!
Please remember to support the idea with a BOOST or COMMENT
with your highly appreciated opinion!
ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter.
WE JUST REACT!
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Bitcoin printed a not perfect, but nice enough trigger candle through the short trigger zone. There is a Weekly North Breakout zone that can make the price turn around a head for another correction, but when this weekly zone will have been fallen, there is a considerable probability that BTCUSD goes all the way down to the next weekly zone marked on the chart.
Caught on a lower timeframe (H4/H1), it could be an excellent opportunity.
However, if the price closes above the trigger zone or closes back the weekly zone (marked by red X), I'd close my short position.
What do you think???
Trade safe! ⚪️⚫️
----------------------------------------------------------------------------
Thanks for reading my analysis!🤘🏽
Remember that trading is a risky business.
SIZE your TRADES according to your risk aversion!
Please remember to support the idea with a BOOST or COMMENT
with your highly appreciated opinion!
ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter.
WE JUST REACT!
----------------------------------------------------------------------------
Day trader capitalizing on the expansion phases of emerging trends.
MORE CHARTS & FREE EDUCATION
SUBSCRIBE 🚀 themarketflow.trading
MORE CHARTS & FREE EDUCATION
SUBSCRIBE 🚀 themarketflow.trading
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Day trader capitalizing on the expansion phases of emerging trends.
MORE CHARTS & FREE EDUCATION
SUBSCRIBE 🚀 themarketflow.trading
MORE CHARTS & FREE EDUCATION
SUBSCRIBE 🚀 themarketflow.trading
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.