I think this is analyse how it should like. Thus I am creating one more template. Reason to enter the trade 1) 25,2 was rejected again and took all the previous highs from past breakouts(Depends on exchange) SFP 2) Impulse system turned blue on daily and looks like that is turning blue on weekly timeframe as well 3) Bearish divergence on RSI and MACD on daily
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4) BTC is still fighting to break down back to last volume range. THus I need to be careful, when it breaks it should be fast
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I closed 20% of the position as the market is a bit tricky past 2 days when I am short. DXY is about to creat SFP on daily level, which I don't want to risk since some are of 23,8k is still holding and SPY is making pullback as well. On other hand on weekly impulse system dollar looks strong and BTC didn't event test the POC of the volume range. Maybe was smarter to take profit there. Let's see
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I am closing the short as i dont fell comfy about the positon anymore as price is stuck in small range with mixed signals from SPY, DXY and US10Y bond. Really hard for me to say where the price go next.