BTCUSD SHORT >Classical BULL TRAP >Bulls should have tight SL
Diupdate
TF- Multi Weekly
BIAS - Bearish
ENTRY - 8200
SL - 10400
TP - 2300 (Intermediate TP - 5500(Grade AA), 4300( Gr AAA ), 2800 (Gr AA) 2300-1900( Gr AAA ))
RR - 2.9
Lets WnWatch :)
BIAS - Bearish
ENTRY - 8200
SL - 10400
TP - 2300 (Intermediate TP - 5500(Grade AA), 4300( Gr AAA ), 2800 (Gr AA) 2300-1900( Gr AAA ))
RR - 2.9
- Some people have been asking me about this move on smaller time frames like D1 & Weekly (No i don't do that M1, M5 nonsense. Find some other instrument for that, if you want to live financially well (and at ease) in long term :) ) Short term yes, its indeed a bull trap and bit of confirmation would be closing levels of W1 and MN charts.
- More confirmation of this being a TRAP would be more faster rise and spike up to sub-10k levels like 8900, without any retrace. In suh scenario more shorts can be added till SL levels, if within your risk appetite. R:R ratio will get more better :)
- Additional LVL added. 2800 (spike below previous lows) is a good Grade AA SUP LVL for picking up longs in larger TF
- For larger picture and more important LVL's, see the related 'IDEA'
Lets WnWatch :)
Trade aktif
Short trade is active
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.