These are the levels that I shall be watching today.
My bias is to the downside for the start of the week, but obviously, with the amount of volatility possible with BTCUSD falling off, we could get all the downside and upside in one day.
For now, I'll just watch what price does before the US Open. If we take the upside out first, I will be very bearish the rest of the week until proven otherwise.
My bias is to the downside for the start of the week, but obviously, with the amount of volatility possible with BTCUSD falling off, we could get all the downside and upside in one day.
For now, I'll just watch what price does before the US Open. If we take the upside out first, I will be very bearish the rest of the week until proven otherwise.
Comment:
So I was correct with the downside bias. The 66% probability line was hit before a Half Back retrace. Probably one of the best technical days ever.
So I was correct with the downside bias. The 66% probability line was hit before a Half Back retrace. Probably one of the best technical days ever.
Trade closed manually:
Depending on how we open tomorrow and where the overnight liquidity is will determine whether I feel we still test lower. Or whether that was it for the downside backfill. We have FOMC on Wednesday, so the market is going to tread water at somepoint.
IB not showing follow-through or direction so, going to sit out for a bit