- some resilience to BTC volatility
- multiple squeezes to local TL after trap & rebound from pullback back to TL
- TL touches at shorter and shorter intervals
- volume at low on # occasions - strength with bulls
- Broken local mirror level
- Under vWAP
- ATR <50%
TP points at levels of:
(a) 0.89
(b) 0.919
(c) 0.956
(d) 1.036 - to the moon
- multiple squeezes to local TL after trap & rebound from pullback back to TL
- TL touches at shorter and shorter intervals
- volume at low on # occasions - strength with bulls
- Broken local mirror level
- Under vWAP
- ATR <50%
TP points at levels of:
(a) 0.89
(b) 0.919
(c) 0.956
(d) 1.036 - to the moon
Commento:
For context, view on 5M TF
Commento:
1TP reached - squeezing now to mirror level, where i expect a small pump after the pullback which we can see (I suspect this is a trap).
Commento:
Other good news is that BTC seems to have re-entered it's rising channel and is currently at the lower end. So far, BTC dips seem to impact RAY, but rises have a greater impact, this is good news for this idea
Trade chiuso manualmente:
Closed at BE after hitting 2nd TP - BTC took a dive, will re-enter should conditions apply.
Always do your own research (DYOR), peace and love. SS.
