The bull run on BTCUSD was not sudden, it corrected properly making a flat from 98K and breaking out the structure. this upward impulse looks too sharp to peirce 120-122k range its 1.618 fib extension of the broken structure.
Be cautious with the sell though, any rejection followed by a bear flag could be a great short with Stop above the top.
Good luck.
Be cautious with the sell though, any rejection followed by a bear flag could be a great short with Stop above the top.
Good luck.
Order cancelled
No rejection at all, Looking for another setup.
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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.