BTC long (squeeze back to volume point of control)
Previous weekly low taken out and hourly PA looks very strong.
- Looking for those swing highs to get taken out as it pushes back to last week's point of control (red) on the volume profile.
- Potential for a strong squeeze in play.
Trade closed: target reached
Target reached. Profit taken.
Those swing highs got taken out. Bear got rinced.
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.
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.