BTCUSD on CME Short

CME:BTC1!60

Bitcoin FuturesCME GLOBEX

Description

⋅ Dec 8, 2020 8:05 PM

In CME futures 1H & 4H Chart breaks the trend line.
A very good setup for short position.

Comments

forexboat

⋅ Dec 9, 2020 10:10 AM

Thank you for sharing ,,, nice analysis.

frontrow

⋅ Dec 9, 2020 12:00 AM

Yes agreed,

But maybe more downside towords 13700 could come in to play.

We had a big weekly sell on our indicator, so we will be watching it closely !

DeepakRSubudhi

⋅ Dec 9, 2020 10:35 AM

@frontrow, Yes, it may play out towards the CME gap around 11220 in 4Hour chart.
Lets watch...

frontrow

⋅ Dec 9, 2020 11:45 AM

@DeepakRSubudhi,

Indeed couldnt agree more.

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We hope to see you soon.