Price has pushed through a potential weekly Pivot supply zone (red box) where sellers may step in. This trade is based on the expectation of a rejection from this area.
Entry: Red box — a short entry zone aligned with overhead supply
Stop Loss: Above the red zone (invalidates the setup)
Target: Green box — area to consider partial/full exit based on momentum
BTCUSDT has shown a strong bounce and has now approached a key pivotal resistance zone
Risk-reward is favorable with a tight invalidation and clean downside target
Price may stall or reverse near the red box, creating short opportunity
Note:
This is an weekly setup and idea that expires at Weekly Candle Close. Re-evaluate the setup if price remains indecisive near the entry zone close to that time.
Entry: Red box — a short entry zone aligned with overhead supply
Stop Loss: Above the red zone (invalidates the setup)
Target: Green box — area to consider partial/full exit based on momentum
BTCUSDT has shown a strong bounce and has now approached a key pivotal resistance zone
Risk-reward is favorable with a tight invalidation and clean downside target
Price may stall or reverse near the red box, creating short opportunity
Note:
This is an weekly setup and idea that expires at Weekly Candle Close. Re-evaluate the setup if price remains indecisive near the entry zone close to that time.
Trade chiuso: obiettivo raggiunto
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.