📉 Expecting bearish price action on BITCOIN on a short term basis, this is a CT trade- counter trend trade with the aim to fill the huge bullish imbalance aka price inefficiency. Long term trades on BTC should be only LONGS. FEAR/GREED index already moved into GREED meaning the retail traders are entering the trade on a FOMO basis.
As this is a risk entry please use the lower risk per trade as you are usually use on your PT pro trend trades.
What do you think ? We go lower ?
As this is a risk entry please use the lower risk per trade as you are usually use on your PT pro trend trades.
What do you think ? We go lower ?
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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.