BitcoinUpdated BITCOIN decision point
It's obvious we're in a bearish corrective market on btcusd
But what will be the first signal for us to end this correction and prepare the new bull-run?
It is not easy to solve but i like simple solutions in my sights. There is only 1 line for me to be bullish or bearish. Clean break of 7410, stay a couple of days, backtest and im in for both directions.
Daily zoom:
6h zoom:
But what will be the first signal for us to end this correction and prepare the new bull-run?
It is not easy to solve but i like simple solutions in my sights. There is only 1 line for me to be bullish or bearish. Clean break of 7410, stay a couple of days, backtest and im in for both directions.
Daily zoom:
6h zoom:
Trade active
Great runWick to 8750ish
Close around 8500ish
Then correction phase
Note
Trade closed: target reached
I believe trading is a dynamic organism, and dont folow static plans. So i try to measure momentum and trade level by level. My trading setups are trad-able only in my style. I do not advise you to follow my trades, but only see a different perspective
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.
I believe trading is a dynamic organism, and dont folow static plans. So i try to measure momentum and trade level by level. My trading setups are trad-able only in my style. I do not advise you to follow my trades, but only see a different perspective
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.