BTC BEARISH SCENARIO
Hello guys, if you like my idea, do not forget to support with a like and follow me for more.
I have a bearish bias for BTC in the 4H, price touched the 4hours supply ($32000) now trading below it.
Because we failed to break above the 4h supply i strongly believe we are still bearish.
i will be taking this trade but first i will wait for price to break through the labelled (PBOS) then retrace to tap our OB for a nice Risk to reward ratio.
Pls remember to always follow your trading plan regarding entry, risk and trade management.
Goodluck!
I have a bearish bias for BTC in the 4H, price touched the 4hours supply ($32000) now trading below it.
Because we failed to break above the 4h supply i strongly believe we are still bearish.
i will be taking this trade but first i will wait for price to break through the labelled (PBOS) then retrace to tap our OB for a nice Risk to reward ratio.
Pls remember to always follow your trading plan regarding entry, risk and trade management.
Goodluck!
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.