I posted an idea a few days ago that led PA down to the teal 61.8 Fib at ~5100.
I had expected more of a scam wick situation up to 6400 and a sharp drop downward, so I am being cautious and haven't entered a position here yet. Will wait to see what the candle posts on the 2H. Daily looks very bullish. Depending on today's close, I may not enter this position. BTC is just ranging for now. Keeping an eye on it and flipping my bias constantly.
Good luck out there
I had expected more of a scam wick situation up to 6400 and a sharp drop downward, so I am being cautious and haven't entered a position here yet. Will wait to see what the candle posts on the 2H. Daily looks very bullish. Depending on today's close, I may not enter this position. BTC is just ranging for now. Keeping an eye on it and flipping my bias constantly.
Good luck out there
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As I was typing the above, the scam wick I was wating for happened on 1H. It popped just above the previous wick on the same TF, so I entered a short position at 6380.
Kinda funny, should've left my short limit at 6450 from yesterday. Dang ha.
Kinda funny, should've left my short limit at 6450 from yesterday. Dang ha.
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