After a nice move up yesterday that printed a clear SFP, we are back into the range and even in a smaller one for the past few hours (6550-6580).
As I'm not currently in a position, I will analyse Price Action as I expect BTC to chop for the day. Stop hunt are expected in either blue box. I'm still more bullish biased but don't expect much from today.
Will open a small long if we retest 6550.
As I'm not currently in a position, I will analyse Price Action as I expect BTC to chop for the day. Stop hunt are expected in either blue box. I'm still more bullish biased but don't expect much from today.
Will open a small long if we retest 6550.
Trade active:
Long 6547
Trade closed: stop reached:
Stop triggered. Didn't think we could run stops below 6519. I was wrong