Well BTC is still retaining its bullish market structure and no doubt will continue to punish those who short every new ATH .
Everyone seems to be calling for a big correction but lets be honest if everyone is calling for it does that mean they get it .
As the title says "Trade the trend until it breaks " and right now there is not much to indicate that the correction is here although of course that can change but until then trade what you have and that is Bullish MS.
The CME closed on friday at 55900 so there will be a gap to consider that most likely gets filled when we pull back .
If you dont have a position and are looking for a possible entry then this seems like a good area to look for longs .
Volume Profile aligns nicely with the 618, 9EMA and the CME Gap .
Like and Follow if you appreciate my work ..Posting setups and content daily ..Tyvm
Everyone seems to be calling for a big correction but lets be honest if everyone is calling for it does that mean they get it .
As the title says "Trade the trend until it breaks " and right now there is not much to indicate that the correction is here although of course that can change but until then trade what you have and that is Bullish MS.
The CME closed on friday at 55900 so there will be a gap to consider that most likely gets filled when we pull back .
If you dont have a position and are looking for a possible entry then this seems like a good area to look for longs .
Volume Profile aligns nicely with the 618, 9EMA and the CME Gap .
Like and Follow if you appreciate my work ..Posting setups and content daily ..Tyvm
Comment:
Filled over night as planned and expecting higher prices
Comment:
Already taken a TP1 and Stop Moved up
Trade closed: stop reached