FX:HKG33
Entered too early before the pullback. Has to hold over the trading closed day. Was intended to SL the positions if the downtrend continue.
However, the market reopen with strong bullish volume. The short time frame (tf) turned uptrend and the index gap-up. However, the MACD + KDJ showing uptrend for 1H chart. Hence, decided to continued...
As I mentioned in the previous bitcoin post, my confidence of this move continuing upwards is dwindling. The longer we move sideways, the more likely it becomes that the direction of the next move is down rather than up. We had 2 failed bullish setups, which indicates that Bitcoin doesn't really feel like turning bullish just yet
Currently we’re stuck between the...