Condition:
BTC broke below neckline, retested and rejected. (Also to mention, the resistance block in white is confluent with the 200 EMA on the daily .
Short the retest.
Target 41-42000 where the demand zone is
BTC broke below neckline, retested and rejected. (Also to mention, the resistance block in white is confluent with the 200 EMA on the daily .
Short the retest.
Target 41-42000 where the demand zone is
Trade closed: stop reached
Note
On review, the entry was subpar, should have been placed at the top of the resistance, trading range instead (52000)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.