Hi Traders,
I recall this fractal on BTC around the 10k mark and this price action has a lot of similarities.
2 scenarios:
a) as per fractal and b) next chart below
I am leaning towards OPTION A) because of the indicators showing downward pressure and the support level makes sense.
Cheers,
S.SAri
OPTION A) as per the main post and this fractal
OPTION B)
I recall this fractal on BTC around the 10k mark and this price action has a lot of similarities.
2 scenarios:
a) as per fractal and b) next chart below
I am leaning towards OPTION A) because of the indicators showing downward pressure and the support level makes sense.
Cheers,
S.SAri
OPTION A) as per the main post and this fractal
OPTION B)
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
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.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
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.