Traders playing this range have placed their stops around $32300. If it breaks that level, I anticipate it will move fast. Invalidation below $31.9k. Don't expect a bull flag to play at completely because $33k-$35k is very heavy resistance.
Comment:
Comment:
1H looking very significant now. Scooped up a bunch of volume:
Shorters are quickly covering, buyers who got stopped out are market buying back in.
Shorters are quickly covering, buyers who got stopped out are market buying back in.
Comment:
Fully out of this trade:
Hunting liquidity for below $32k to hopefully grab more fuel to the fire. Reel in more shorts?