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tradafx
Sep 15, 2021 3:46 AM

Wait for the signal to trade with BTC at the important zone Short

Bitcoin / United States DollarCoinbase

Description

H1 time frame.
Structure: Sideway from 44000 to 47500.
Currently, the price is approaching the 47500 resistance zone.
Here, wait for sell setups with the expectation that the price will continue to move Sideway and have a high probability of breaking down.
In case the price does not show a sell signal but increases stronger than the 47500 resistance, we have to wait for the retest to confirm before we can find a buy order.
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Wish you all have a good trading day!
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