I’m still long on $BTC, but I’ll be watching this possible short. I gave the reasons in the box next to the setup.
This doesn’t mean I’ll be out of my long, but if it happens, it would be a great 1:4 RR setup.
To avoid getting wicked out, watch for an IFVG on lower timeframes.
The Knicks fan who went viral after Game 2 of the NBA Finals breaks down the story behind the phrase
“My mayor’s Muslim. My bagels Jewish. My Christian Dior.”
Took this $BTC long with low conviction. Weekend trade.
I think that’s it for the sweep. Pretty sure we run fast toward this QO, get a small retrace, then open the way for the MO.
See my #WYCKOFF chart.
$BTC longed for a potential +5R scalp.
Didn’t trade yesterday. Didn’t even bother. Had an $XPL position I was 99% sure would run, but it hit SL.
Now I feel refreshed and the market is giving positive signals, or at least more readable.
Psychology > TA.
Weekend video below.