BTC Bearish BIAS
Trying to establish bias on BTC through multi time frame analysis that would warrant taking a short position.
When all time frames are telling the same story then we should have a strong conviction and bias to that side.
As shown in charts I am waiting for a convincing break of that strong support to confirm my higher time frame
bias. Entry trigger can be on lower time frames still ( H1,H4 ) depending on strategy and setup.
I am patiently waiting for my trade idea to start playing out. If I dont see what I want to see then I dont trade.
I am prepared to accept that my trade idea is wrong if it goes the other way in which case I will re-evaluate and
look for opportunities that tick all my boxes again once they present themselves.
When all time frames are telling the same story then we should have a strong conviction and bias to that side.
As shown in charts I am waiting for a convincing break of that strong support to confirm my higher time frame
bias. Entry trigger can be on lower time frames still ( H1,H4 ) depending on strategy and setup.
I am patiently waiting for my trade idea to start playing out. If I dont see what I want to see then I dont trade.
I am prepared to accept that my trade idea is wrong if it goes the other way in which case I will re-evaluate and
look for opportunities that tick all my boxes again once they present themselves.
Nota
Nota
Always watching developing price action and managing trades.If I see something I dont like then I am prepared to cut the trade without any hesitation.
Dagangan ditutup secara manual
Trade didnt go as far down as anticipated. Closed for a very small profit. (scratched)
Dagangan ditutup secara manual
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.
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.