louiskiyay

Down?

Short
louiskiyay Updated   
KRAKEN:BTCUSD   Bitcoin
Price broke to the upside but started ranging. Price seems bullish but I believe a false break to the downside marked by purple rectangle will push price back above resistance marked by yellow rectangle.

We're now at the top of the range and I expect price to start going down after seeing a lower low made.

Entry: 10,750
SL: 10,850
TP: 10,440
Trade closed: stop reached:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.