We lost H4 and daily trend, question is, is this a fake-out or are we in for a longer correction?
Only looking at 3 things here:
Immediately reclaim H4 trend, bounce into 108k.
Take out the Friday/weekend lows; that would set up a nice divergence and we can long into the same target.
If we lose current smol range value, I think we can get a deeper flush into 96-97k, maybe even take out the poc a bit lower. I think that would be a good buying opportunity if we get it, then long from there into either the same 108k target, hold some for potential sweep of the highs (or the moon of course)
Only looking at 3 things here:
Immediately reclaim H4 trend, bounce into 108k.
Take out the Friday/weekend lows; that would set up a nice divergence and we can long into the same target.
If we lose current smol range value, I think we can get a deeper flush into 96-97k, maybe even take out the poc a bit lower. I think that would be a good buying opportunity if we get it, then long from there into either the same 108k target, hold some for potential sweep of the highs (or the moon of course)
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Tealstreet.io Trade Faster & Trade Easier
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
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.