The_ForexX_Mindset

Hidden double bottom

Long
COINBASE:BTCUSD   Bitcoin
Hidden double bottom. Price reads $68,417, since last night when the smart money entered the trade. Double bottom met criteria combined with smart money entry.
Comment:
Smart money trend lines

Comment:
No sell yet
Comment:
I don’t have a sell yet but if anyone does not want to risk it by a few extra dollars to hit target double bottom. You know what to do.
Comment:
The bulls will keep plunging it or keeping it within a zone and by doing so, 1hr TF is processing a gap for a later dip.
Comment:
There’s about 6 min left to the 1 hour TF. You’ll see, a gap will get created. If so, then the candlesticks will move much higher than now. This will trap retail traders at the top for a later gap dip.

This will help print more bull runs.
Comment:
Or may dip for a later uptrend to fill in the gap but no sell yet.
Trade closed: target reached:
Target reached $68,417
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