Get started
Bitcoin
Short

BTC Short

By japeshAGRAWAL
Updated
An order block forming after a price rally, followed by a significant sweep of liquidity and then encountering a major Choch, it could indicate that the upward momentum is weakening. Sellers may start to outnumber buyers, leading to a potential reversal in price direction.
Note
(This was confirmed by the disrespected FVG and the the 2 imbalances on the 1 min chart) - my entry
Note
My take profit is resting liquidity
Note
*rebalance
Trade active
Trade is still looking positive, it has retraced and bounced off of the liquidity, indicating that my trade still holds.
Trade closed: stop reached
Cancelled :/
Beyond Technical Analysis
japeshAGRAWAL

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.