BTC- Short TA Review -15min. BITGET

15 Jun 2022

Hi Everyone for those who followed the discussion we had yesterday on the short setup.
I marked out key areas with notes.

• The Inverse head and shoulder had an unrealistic target with all the resistance above:
  the daily Open, POC(Point of Control), VAL(Value Area High) as well as the 1hr 50ema
  
  
• Price below Daily Open and failing to break above the Bias is to the downside,
  
  
• IF Price broke above the 15min 50ema, switch to higher timeframes and the 50 ema on those timeframes will be your reistance levels