BTCUSD (15m timeframe).
* Bearish Trend: Price has been respecting the downtrend line.
* Structure Break (ChoCh): Multiple 'ChoCh' (Change of Character) signals indicate a shift in market structure to bearish.
* Supply Zone Entry: I'm looking for a retest of the recent supply zone around 107,208 - 107,059 for a short entry.
* Stop Loss: Placed above the last significant high and supply zone around 107,861.
* Target: Aiming for 105,445, potentially lower, targeting previous lows and liquidity.
Always manage your risk! Let me know your thoughts."
* Bearish Trend: Price has been respecting the downtrend line.
* Structure Break (ChoCh): Multiple 'ChoCh' (Change of Character) signals indicate a shift in market structure to bearish.
* Supply Zone Entry: I'm looking for a retest of the recent supply zone around 107,208 - 107,059 for a short entry.
* Stop Loss: Placed above the last significant high and supply zone around 107,861.
* Target: Aiming for 105,445, potentially lower, targeting previous lows and liquidity.
Always manage your risk! Let me know your thoughts."
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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.