Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Hey! I want to introduce you this idea. I was looking for a PA reaction from the same L/S ratio setup, and got this surprise. I think it's really accurate and deserves to be shared, even if it fails horrible. Of course this is not a financial advice, and it might get invalidated if BTC breaks 7.5k with a full body candle on daily chart, or breaks 4k on the weekly.
Have fun and trade safe ;)
Comment
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Someone got me notice that I said 7.5k would invalidate the idea. I got confused while talking with a buddy about that invalidating range for a short position at 7.3k, since it makes no sense to give a 4k invalidating range next to 7.5k :P I tried to write 8.5k, since it would break the top range and my bar pattern projection. I'm sorry for the confusion, was my fault :)
Trade active
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Btw, Im still long, at least until 8500 and will keep positions 'til 9200 for sure.