The_ForexX_Mindset

Volatility contraction on a 2 day chart

Long
COINBASE:BTCUSD   Bitcoin
Yellow 1 hour means pivots on smaller time frames may but most likely may not come to be but it’s an idea on what to expect.
3hour removes lots of the noise.
Yellow trend is just for guidance meaning BTC can break out at any moment especially since smart money has confirmed entry’s but slowly.
ADL has not declined yet since NYSE is booming. Once ADL starts declining then comes a BTC uptrend and who knows up to wherever.
Traders are selling out of fear for what I can see. So much for the news but the consumer price index says inflation has reduced. It’s at +10%. Used to be around above +40%. The higher, the higher the inflation.
Millionaire and billionaire traders always look at CPI before they enter a trade plus other financial figures.

Trade closed: target reached:
Price fulfilled and executed based on my forecast calculated pivots
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