Tricky tricky...
I want to start with going back and referencing the daily double top that we were waiting for last week. As more daily candles form, it's turning into more of a head and shoulders - also impacting multiple time frames.
This can be seen as more confirmation to look for shorts, maybe even an opportunity to start scaling in right here at $8000. Over the past few days this level slightly above $8000 is proving to be strong. It's also what gave the high...
Looking to move my entry up a little early here and heat things up a little bit.
I want to start with going back and referencing the daily double top that we were waiting for last week. As more daily candles form, it's turning into more of a head and shoulders - also impacting multiple time frames.
This can be seen as more confirmation to look for shorts, maybe even an opportunity to start scaling in right here at $8000. Over the past few days this level slightly above $8000 is proving to be strong. It's also what gave the high...
Looking to move my entry up a little early here and heat things up a little bit.
Note
The bottom of the support lost is being tested now. Don't be surprised if you hear people cry "fake pop" laterNote
Please don't criss cross apple sauce our trade ideas.The head and shoulders is assisting (and is part of) our double top.
Note
Seems like we're sitting on the top of the neckline now. Should be nice for our bigger move.
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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.