I decided to place this small BTC long to see if this Monday move was a fake move.
The last 4 hourly contraction value line was plotted on the chart and an expansion below has happened, perhaps an uptrend to the value line can happen?
TP1: 16150
TP2: 16349
TP3: 16530
TP4: 16700
SL: 15788
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Contraction Plotter Indicator and Expansion Index:


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The last 4 hourly contraction value line was plotted on the chart and an expansion below has happened, perhaps an uptrend to the value line can happen?
TP1: 16150
TP2: 16349
TP3: 16530
TP4: 16700
SL: 15788
═════════════════════════════════════════════════════════════════════════
Contraction Plotter Indicator and Expansion Index:


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Link Tree: linktr.ee/tradersendeavors
Access our indicators: patreon.com/user?u=80987417
Access our indicators: patreon.com/user?u=80987417
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.