CONFLUENCES
-A range might be developing into a BIG seller reign;
-Potential Fake out on range top in the direction of the big seller territory. (Engulfing bearish candle + inside bars on daily)
-The buyers are testing too much times the diagonal trendline in a short time interval; which could be and indication that they are fading
-BTC (The leading indicator) has some big sell orderflows unfold; whick might result in a potential short term sell.
Trade with care & Good luck!
-A range might be developing into a BIG seller reign;
-Potential Fake out on range top in the direction of the big seller territory. (Engulfing bearish candle + inside bars on daily)
-The buyers are testing too much times the diagonal trendline in a short time interval; which could be and indication that they are fading
-BTC (The leading indicator) has some big sell orderflows unfold; whick might result in a potential short term sell.
Trade with care & Good luck!
Trade active:
Seems like we have a brake of the diagonal Trendline; descent enough to consolidate a little bit more my confidence! Bitcoin which is the leading indicator is moving accordingly aswell!
Trade closed manually:
1R of the trade booked. thanks for following!
