Just another scalp idea that I'll be looking at on the open.
Current $EURUSD plan - we either bounce from the monthly open or send it down to 1.08791 :)
Longed $AUDCAD - expecting the uptrend to continue - think we'll have a double take of yesterday's high - possibly higher
Long idea IF UK PPI / CPI figures are positive - anticipating an increase in USA crude oil stocks due to slowing global demand / issues - should tip the scales in favour of GBP.
Nearing yearly support - wouldn't be a bad place to look for a long - keeping this for records. Enough is Enough CAD, Leave off AUD :)
Inclined to believe this is a fake-out below the daily open - seeing strong LTF absorption (big buys mex / finex) - sharp rejection at support - would feel more comfortable entering $BTC longs above the daily open - remaining conscious of funding (bulls pay bears 0.16%).
saving just in case I call a short-term top to this $BTC rally.
A potential hedging opportunity to reduce my BTC exposure :)
HTF Bullish outlook If we close a daily back above 10.8k - otherwise I'll just scalp level to level.
Possibly another dead-cat before we move lower to my 8.3k target. Would look for scalp longs above the W1 / M1 open. Until then I think we just chop...
Just an idea for now - will act if the setup plays out - could be totally wrong :) Think this LTF rally is just a dead-cat before we continue the downtrend.
Just an idea... just an idea...