Swing Short Setup
I’m on the go for a few days and didn’t take my laptop, but this doesn’t mean I won’t publish new ideas ;)
We have seen a great bounce with FED news (It has started way earlier than the public announcement ) and continuation with great news from Twitter integrating tips using bitcoin over lightning network through strike api.
This creates a perfect environment for market makers to create liquidity and guess where the liquidity is ;)
There’s very strong resistance zone and the point of control approaching! I think this is a very good swing short opportunity if these zones get rejected. It will give us a correction and a swing low marking last point of support (LPS)
So, look for a rejection and a swing failure pattern at 46k.
But, what do i know ;)
Trade safe!
We have seen a great bounce with FED news (It has started way earlier than the public announcement ) and continuation with great news from Twitter integrating tips using bitcoin over lightning network through strike api.
This creates a perfect environment for market makers to create liquidity and guess where the liquidity is ;)
There’s very strong resistance zone and the point of control approaching! I think this is a very good swing short opportunity if these zones get rejected. It will give us a correction and a swing low marking last point of support (LPS)
So, look for a rejection and a swing failure pattern at 46k.
But, what do i know ;)
Trade safe!
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