Keep it plain, simple and minimize the noise!
Here we have a bear flag on the 1hr timeframe with no real support.
We broke out to the downside, now I am waiting for a bearish retest to confirm lower prices.
I expect some buying pressure from the bulls around 28-29k, but after they lose and 28k breaks I'll be shorting
note: 27.5k, 26.2, 23.3 aren't real supports so they will go quick imo
The reason I am waiting for a retest confirmation as this could be a bear trap and simply liquidate the shorts..
At the moment - the market is sideways, choppy and RISKY.
I have various different set-ups I'm watching and always waiting for confirmations of each one BEFORE entering a trade.
bring on the bear! 🐻💸
Comment your ideas down below :)
Here we have a bear flag on the 1hr timeframe with no real support.
We broke out to the downside, now I am waiting for a bearish retest to confirm lower prices.
I expect some buying pressure from the bulls around 28-29k, but after they lose and 28k breaks I'll be shorting
note: 27.5k, 26.2, 23.3 aren't real supports so they will go quick imo
The reason I am waiting for a retest confirmation as this could be a bear trap and simply liquidate the shorts..
At the moment - the market is sideways, choppy and RISKY.
I have various different set-ups I'm watching and always waiting for confirmations of each one BEFORE entering a trade.
bring on the bear! 🐻💸
Comment your ideas down below :)
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Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.