BTCUSDT Perpetual ContractUpdated Long Setup BTC
BTC is in a 15min Compression close to an important point to gain.
High probability market is building up liquidation to then make a HigherHigh push
BTC is in a downtrend so take profits before the target.
This is called a Fadeout play because you take the other side of what normal traders do when a breakout happens in this case is Shorting when it brakes out off the compression.
It leads to building up even more liquidation for the market to then push higher en hit alot of Short StopLosses.
If you have any questions feel free to ask.
No financial advice.
High probability market is building up liquidation to then make a HigherHigh push
BTC is in a downtrend so take profits before the target.
This is called a Fadeout play because you take the other side of what normal traders do when a breakout happens in this case is Shorting when it brakes out off the compression.
It leads to building up even more liquidation for the market to then push higher en hit alot of Short StopLosses.
If you have any questions feel free to ask.
No financial advice.
Note
Good signs for the Long trades ATMNote
Target hit Longs closed
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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.