The market is volatile. We expect the violent moves up and down to continue.
Since yesterday evening the price action paused , with the price moving on a $200 range (11600-11800).
The high probability scenario would be for a drop sub $11,000 (10750-11000) followed by a move upwards.
I wouldn't be shorting at this point as the market seems unsure for the moment
Invalidation of the idea, if the price moves first up above the B
Since yesterday evening the price action paused , with the price moving on a $200 range (11600-11800).
The high probability scenario would be for a drop sub $11,000 (10750-11000) followed by a move upwards.
I wouldn't be shorting at this point as the market seems unsure for the moment
Invalidation of the idea, if the price moves first up above the B
Trade attivo:
The market has moved already.
Keep an eye on price action around 11k
Keep an eye on price action around 11k
Trade attivo:
Just touched the buy box
Just touched the buy box
Trade attivo:
Ready for further downside. Inside the buying zone
Ready for further downside. Inside the buying zone
Trade attivo:
Further drop did occur
Watch for reversal pattern.
Further drop did occur
Watch for reversal pattern.
Trade attivo:
Potential high probability scenario
Potential high probability scenario
Trade attivo:
The trade is already profitable so it's a good time to increase the stop-losses (Move them at the higher price)
Trade attivo:
Commento:
Wedge broke
Trade chiuso: obiettivo raggiunto:
Happy days! Target achieved!
