Long SCALP for scam wick SL HUNT. BTC
Pardon the quick/insufficient detailed image.
Just wanted to put this up quickly as i can see the beginning of the fake-out/SL hunt scam-wick coming for BTC. The 4H TF is holding price up and going against the others, hence the fake out move that will be short lived once it returns to the dominating downward action on other TF's
Entry 21300-21400
Long scalp target is the 21900-22200 area.
21900 is very possible, 22200 lesser so (or at-least short lived.)
Now if you are a higher leverage trader this is a move for you, good short entry coming to ride down.
FOR THOSE IN SHORT (AS AM I) do not threat, its just a SL hunt, my SL is 22600 for the major short position.
Good luck
Asset Mastery
Just wanted to put this up quickly as i can see the beginning of the fake-out/SL hunt scam-wick coming for BTC. The 4H TF is holding price up and going against the others, hence the fake out move that will be short lived once it returns to the dominating downward action on other TF's
Entry 21300-21400
Long scalp target is the 21900-22200 area.
21900 is very possible, 22200 lesser so (or at-least short lived.)
Now if you are a higher leverage trader this is a move for you, good short entry coming to ride down.
FOR THOSE IN SHORT (AS AM I) do not threat, its just a SL hunt, my SL is 22600 for the major short position.
Good luck
Asset Mastery
Comment:
By scam wick i am referring to a scamwick UPWARD inorder to get a solid rejection on the 4H+
Comment:
CLOSING LONG IN PROFIT, POTENTIAL TO CONTINUE DOWNWARD RESUMED.