BTCUSD has closed under key s/r level at $26600. Expected move down to key s/r level at $25200. If this level holds, or deviates below and reclaims then long towards yearly highs. A breakdown of this level means that we can expect a revisit of the yearly open.
Currently SHORT BTC from $26600 and not expecting $25200 level to hold due to key macro-economic factors. Wrong on a reclaim on the daily of $26600. FIrst TP at $25.2k and next TP at 20k. Eventually targeting yearly lows.
Currently SHORT BTC from $26600 and not expecting $25200 level to hold due to key macro-economic factors. Wrong on a reclaim on the daily of $26600. FIrst TP at $25.2k and next TP at 20k. Eventually targeting yearly lows.
Trade closed: stop reached:
Price has deviated above the s/r level marked. expected price to to visit local range high at 26460.
Comment:
edit: was meant to say 27460*