Price closed below the support-level on the 1D (red line) ----> price should come back to these lows.
Price closed above the resistance-level on the 1D (green line) ----> price should SFP the lows
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I expect (or should I say: hope?) price to do a MSB here, meaning: price coming below all that structure below the green level. This will provide a short setup to the dashed line where the TP and spot limit buy orders are 'rested'.
To be one of the best in trading BTC.
Price closed above the resistance-level on the 1D (green line) ----> price should SFP the lows
-----------------------------------------
I expect (or should I say: hope?) price to do a MSB here, meaning: price coming below all that structure below the green level. This will provide a short setup to the dashed line where the TP and spot limit buy orders are 'rested'.
To be one of the best in trading BTC.
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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.