BTCUSD: game over or just a recharge?

Waiting for reaction to 7370-7220 zone for taking buy opportunity.

The 7370 could potentially provide liquidity via swing failure

It is also untouched OB

So thinking if price is to go to 8K it shall start there

評論:

Give it some time...

評論:

Is time

評論:

I think it is good to take profits at 7460 until we see further follow up from the price

Sure we could have just bounced for 8K, but in this game you’ve got to keep risk under control

評論:

covered 50%

left second half for breakout attempt

having broken supporting trend line down #BTC now facing it as resistance

successful breakout leaves hope for retest of 7830 imo

評論:

So it seems now that price is following the original scenario, whereby liquidity pool above 7370 was approached for downtrend continuation.

If odds turn out not to be on my side, well that’s dirty manipulation/

Hedge short from 7300, send it south!