long scalp trade idea (short term) target ($23,900)
-Yurlo
We had 3 touches on the downtrend which started yesterday (december 20th), and then broke down from the trend line (uptrend), which triggered a bearish breakout which caused the bearish move we've seen. That was also the first big pull back since breaking $20,000 and we still haven't seen that area retested, and there's a cme gap (just below) that would likely be filled before $27,000 or higher (anything can happen though)
Like/comment if you have any questions and support my page 👍🏼
We had 3 touches on the downtrend which started yesterday (december 20th), and then broke down from the trend line (uptrend), which triggered a bearish breakout which caused the bearish move we've seen. That was also the first big pull back since breaking $20,000 and we still haven't seen that area retested, and there's a cme gap (just below) that would likely be filled before $27,000 or higher (anything can happen though)
Like/comment if you have any questions and support my page 👍🏼
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