BTC Swing Short
Updated
Liquidity Zones:
Sellside Liquidity: Two key levels are identified:
- Near-term sellside liquidity around the support zone (approximately $53,423.59).
- Mid-level sellside liquidity marked above the current price.
Gap Analysis:
- CME Gap: Indicated within the blue shaded area, suggesting a potential drop to fill the gap left by CME futures.
Current Setup:
- The chart shows a potential bearish scenario where the price might drop to fill the CME gap and tap into the identified sellside liquidity areas.
Sellside Liquidity: Two key levels are identified:
- Near-term sellside liquidity around the support zone (approximately $53,423.59).
- Mid-level sellside liquidity marked above the current price.
Gap Analysis:
- CME Gap: Indicated within the blue shaded area, suggesting a potential drop to fill the gap left by CME futures.
Current Setup:
- The chart shows a potential bearish scenario where the price might drop to fill the CME gap and tap into the identified sellside liquidity areas.
Trade closed manually
Closed Trade in good profits.
I am expecting a run on the stops over the weekend. Don't want to risk it as there entry is not ideal.
Trade closed: target reached
Target has been hit
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.