TradingView
Jmenken
Oct 23, 2023 11:03 PM

CME gap filled on fake news.  Short

Bitcoin FuturesCME GLOBEX

Description

Headlines read Blackrock spot Bitcoin ETF lists… This application will not have an answer till after the new year…. DYOR for facts and don’t trade on headlines. Meanwhile the short liquidations are brutal beyond belief. I don’t believe the head and shoulders pattern is negated unless we close the week above the close at head. (32kish). My bet is that we will not close the week above. I entered a trade at CME gap and plan to ride the wave down. If I’m wrong then my stop is set just beyond. Good luck
Comments
SpoofytheWhale
You forgot about the Head and Shoulders that still in play since 2021 which is exactly the target price of the only gap not filled around 9500.
Jmenken
@SpoofytheWhale, level by level my friend. I agree that gap will get filled too. However, there are trades to be had till then imo
Jmenken
Can’t believe it went this high. I got stopped out .
SpoofytheWhale
@Jmenken, I almost got stopped by $20. These wicks are brutal lmao
Jmenken
Not sure why that lower chart came through. It has nothing to do with the idea lol.
More