FXHEET

BTC Pullback?

Satış
BINANCE:BTCUSD   Bitcoin
What a run for Bitcoin the last couple days! Really loving in.

But as we just created a higher high, took out some of that buy side liquidity and starting to see some distribution at these highs on seconds charts, I have set an aggressive low-risk entry to take back some of that liquidity that was formed on that massive push up.
Normally I would like to see more confirmation before entering a trade but I have this feeling that this may be a quick move down, even if Bitcoin looks bullish as hell right now. But like I said, low risk trade to see if this plays out.

Looking to see Bitcoin come down in the coming days to grab some of that downside liquidity around $38.5k before the next push up.
Regardless as this is a risk trade, I will set break-even on this trade as soon as it breaks some structure to the downside, if it does.
If this gets stopped out, I will reevaluate and potentially look to reenter, assuming it doesn't shoot up from here.

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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.