1.00 psychological level has been hit. 1h is tailing nicely after rebalancing. Theres nothing holding this back so it should get moving soon if long is right ;) Not trailing stop atm, partials have already been taken.
Context over pattern is King when deciding bias and this is how you cuck retail. Theyre either denied a short entry and forced fomod higher later with shit entries OR they are given the short entry, take out relative equal lows for liquidity and swing the other way to eat their stop and create new structure. This cup and handle ( which coincidently prints at a...
Bera scenario if this turns out to be redistribution. Lotta elements to overcome for Bitty if it starts sliding from here. Will short the breaker and TP extensions. This 15M PA dipping below key trendline might poke the bera.
By switching to the line chart on the current price action depicts an identical formation as that of the 18/19 bottom that followed capitulation. Will it continue on the same footsteps? If so, we are a day or two away from a significant expansion. Will be fun to press play on this one later on.