You can clearly see my labels for stop loss, target take profit and entry point indicated by blue flag and orange horizontal line. I am expecting small short and then squeeze up past resistance. If we reject, this could mean a very bearish outlook (some people are estimating $20K low). I remain faithful and stick to the playbook. Sanctions = Good. Fed announced only 0.25% rate hike = Good. We just need some more momentum to break this resistance. It’s about to get GREASY. If you have any further analysis to add please comment below! Safe Trading everyone.
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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.