BTCUSD setup for a swing to around 10k (or lower depending on the price action)
Two things I'm looking at:
- Weekly Pivot Point is coming in at around 12k on spot and 12.4k on CME's
- Gap fill at 12060
Looking to take profit at the H4 200EMA, currently 9800 on spot.
Will stop out of this trade if CME's closes a H4 candle above the weekly pivot point (12.2k- 12.4k)
Disclaimer:
I'm not a financial advisor. Don't take this as financial advice.
Two things I'm looking at:
- Weekly Pivot Point is coming in at around 12k on spot and 12.4k on CME's
- Gap fill at 12060
Looking to take profit at the H4 200EMA, currently 9800 on spot.
Will stop out of this trade if CME's closes a H4 candle above the weekly pivot point (12.2k- 12.4k)
Disclaimer:
I'm not a financial advisor. Don't take this as financial advice.
Trade active:
Let's see how far this goes.