BTCUSD setup for a swing to around 10k (or lower depending on the price action)
Two things I'm looking at:
- Weekly Pivot Point is coming in at around 12k on spot and 12.4k on CME's
- Gap fill at 12060
Looking to take profit at the H4 200EMA, currently 9800 on spot.
Will stop out of this trade if CME's closes a H4 candle above the weekly pivot point (12.2k- 12.4k)
Disclaimer:
I'm not a financial advisor. Don't take this as financial advice.
Two things I'm looking at:
- Weekly Pivot Point is coming in at around 12k on spot and 12.4k on CME's
- Gap fill at 12060
Looking to take profit at the H4 200EMA, currently 9800 on spot.
Will stop out of this trade if CME's closes a H4 candle above the weekly pivot point (12.2k- 12.4k)
Disclaimer:
I'm not a financial advisor. Don't take this as financial advice.
Trade active
Let's see how far this goes.
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.
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.