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 ;)
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 ;)
Trade active:
Btw, Im still long, at least until 8500 and will keep positions 'til 9200 for sure.
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 :)