BIRBUSDT.P: short setup from daily support at 0.21652
SETUP SUMMARY
In my opinion,
BIRBUSDT.P may soon break out of its local accumulation. The price is testing the 0.21550 level for the third time today, and it is quite possible that the breakout will happen on this third attempt.
On the lower timeframe, each high is getting lower, and volatility remains low. We recently tested the level and are currently heading toward a near retest.
PRO-THESIS FACTORS:
In my opinion,
BIRBUSDT.P may soon break out of its local accumulation. The price is testing the 0.21550 level for the third time today, and it is quite possible that the breakout will happen on this third attempt.On the lower timeframe, each high is getting lower, and volatility remains low. We recently tested the level and are currently heading toward a near retest.
PRO-THESIS FACTORS:
- trend alignment
- liquidity vacuum beyond level
- volatility contraction on approach
- close retest
- prolonged consolidation
- precise level testing
- price compression (Squeeze)
- lack of rejection after false break
Trade fermée: cible de profit atteinte
Focusing on the balance between buyers and sellers at key S/R levels.
Trading Journal: t.me/The_Traders_House
Trading Journal: t.me/The_Traders_House
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Focusing on the balance between buyers and sellers at key S/R levels.
Trading Journal: t.me/The_Traders_House
Trading Journal: t.me/The_Traders_House
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.