BTC- Potential Short -1HR. Binance
Updated
Hi Everyone this is my first trade post hope it will be a good one, i posted it yesterday on BTC chart so i have already taken profits and looking for a Re-entry. Today/Thursday being typically a trend reversal day. i will be looking for another short entry of the value area high/ in confluence with swing failure of previous high and a lower low on momentum. i typically trade New York session thats when i will look for the reversal. Targets marked on Fibs and my invalidation will 31000 setting my stop loss above gann resistance 30700
Note
set up only valid IF price stays above Daily Open
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