I have taken a position for a run up into the kijun zone where I will possibly tp and open more shorts if price action suggests.
Should the 8300 zone prove to be to much for price to get through I will close position.
Not overly confident we see this move play out and as such I am only taking a small position and leaving my remaining shorts open from 10k.
Congrats to those who took this position, I am looking at a very obvious zone below us in the mid 7k zone, however, I am not looking for the end of this move yet.
Most traders are looking for uptrend continuation and have filed this as a correction, I am not, my eye is drawn to the lower reaches of where this trend originated and have the 5800 zone as a point of...
Optimal long entry approaching, looking to buy @ approximately 1485.5 - 1486.2.
* S/L @ 1478.0.
Until I see the 1479 broken convincingly my bias remains long and I will continue to take optimal buy/sell entries when they are offered.
Looking at the setups available on 15 min charts heading into the US session...
At this pointing holding a long from 1500 my bias is pretty bullish on further upside and most likely I would need to see a strong longer timeframe move for that to change, the US session should give a decent indication of what can expect moving forward this week.
good luck traders !
Cautiously selling, stop above 10k, it depends on your level of risk the depth of your stop but I would not let it run much past 10k.
If price continues to run I am looking to short the next level above, will update as the time comes.
Dangerous time to be trading with this Bakkt noise, however, fortune favors the brave !