Monday low taken, you know what next?

By mihaibrandi
Updated
BTC, after yesterday meeting, there was volatility, but honestly not as much as expected. Price moved up in a value gap, then moved down in the premium zone, but surprisingly did not take the liquidity below 19951. It front run it (as many ppl were expecting this), and reclaimed Monday low.
To me, this is a long trigger with good RR.
Took the trade as seen on the chart,
Make sure you are managing your risk, otherwise.... :)
GL traders!
Trade closed: stop reached
stopped out, maybe liquidity will be taken after all, if it does and reclaims Monday low, will retry.
This is why risk management is so important in this market conditions, especially
Trend Analysis
mihaibrandi

Disclaimer