As we all wait to hear about the validation or not for this Bitcoin ETF, I see for now two possibilities for our H1 Bitcoin structure (that I would quite like to trade ^^). So let's be a bit patient, it is possible for now that slowly a buy setup is in preparation (second chart) If it drops then we will go for a new correction ? (chart 1).
Comment:
If do something like this we might consider it as buy setup. BUT let's be careful it's for now 50/50 between buy and sell...
Comment:
Comment:
Let's go for a new structure
Comment:
If we stay under the line let's go with this sell setup. If it breaks the line then maybe for a new high ?
Comment:
Just invalidate a potential sell setup, means we should go for this structure and for a new high. It quite a risky trade to take, let you deal with it ^^
Trade active
Order cancelled
Comment:
BE very fast on this one. And now it leaves an unclear structure, let's let it move a bit and see what can we take
Comment:
Expending for a drop ? Then we take scenario 1 from this morning...?
Comment:
And up we go ?
Trade active
Comment:
It could be something like this
Comment:
Or it could still be this structure I was showing yesterday. If that's it then we go straight for new high
Trade closed: target reached
13StarzTrading.ei