As we all know BTC weekly and monthly is clearly still in an uptrend but Daily is in a downtrend as we can see series of lower highs and lower lows into resistance.... Head and Shoulder with right shoulder still forming, Another confluence is the fib zone for the recent swing being respected, took a short at 38.2 level which played out well... so now looking forward to trade the retracement to the first OB i mapped out. will enter aggressively because of the long wick which i'd like to call the F****k You Candle ... lol. So Applying the FU strategy here.. Trading safe Always.
Comment:
Sell Target achieved. Buy activated