Bitcoin / TetherUSShort
Short trigger - Playing Monday's Range
Taking into consideration the analysis before FOMC, BTC drove up to our Area of Interest and reacted to Monday's High that coincides with the Weekly Open.
Wasn't exactly the SFP that I was expecting, but it immediately came below Monday's High, so that should be considered for a short.
Also, there was an MSB in the 1h TF, confirming the Short Trigger.
Target is Monday's Low and the SL is the wick that went right above Monday's High.
Wasn't exactly the SFP that I was expecting, but it immediately came below Monday's High, so that should be considered for a short.
Also, there was an MSB in the 1h TF, confirming the Short Trigger.
Target is Monday's Low and the SL is the wick that went right above Monday's High.
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.