BTCEUR - Week 6 - Structure Short (Update 1)
The selloff seems to be unstoppable in the crypto-currencies.
Since the market did not do what I predicted yesterday, the situation changes a little bit, but the Trend bias remains the same.
The price reached the Support @5100 and looks like that it is starting to have some Buyers pressure.
I dropped to a lower time-frame (4H) to get a better perspective of what happened on the market the last few days and a similar setup like yesterday could be forming.
If price reaches the Yellow Area then watch for a bearish signal to go short for a retest of the previous lows @5100 (target 1) and an extension targeted on the next Minor Structure @4200 (Target 2)
Take care & Happy Pip-Hunting
Since the market did not do what I predicted yesterday, the situation changes a little bit, but the Trend bias remains the same.
The price reached the Support @5100 and looks like that it is starting to have some Buyers pressure.
I dropped to a lower time-frame (4H) to get a better perspective of what happened on the market the last few days and a similar setup like yesterday could be forming.
If price reaches the Yellow Area then watch for a bearish signal to go short for a retest of the previous lows @5100 (target 1) and an extension targeted on the next Minor Structure @4200 (Target 2)
Take care & Happy Pip-Hunting
ملاحظة
Price reached the predefined area, and now I am waiting for a candlestick signal to get in in the 1H and 4H chartتم فتح الصفقة
Inverted Hammer spotted on the 1H Chart:Entry: 6883.12
Stop-Loss: 7466.99
Targets remain the same
ملاحظة
Inverted Hammer also confirmed on the 4H Chartأغلقت الصفقة: تم الوصول لوقف الخسارة
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.