
Stormy
1.7K posts

Stormy
@Storm__candle
It's not over until i WIN. $BTC day trading.




$BTC Short setup for today if we spike Monday's high and reject. I'd look for the long on a sweep and reclaim of Monday's low, but it looks like we'll take the high out first, hence the short framing.





$BTC Price spent 9 days above the range high and so far, has been unable to show any real "Breakout" momentum. I made a tweet yesterday covering the different types of PA when the Weekly 12/25 EMAs and bearish vs bullish and there is a clear pattern. When the weekly bands are bullish, price spend very little time around the Range high. Fast spike above followed by continuation to the upside. When the weekly bands are bearish that's where you see a different story unfold. Price might have one initial push away, but it's followed by one or two retest of the range high. Frequent retest of a range high after a breakout is not bullish. The current PA shares very similar traits to most deviations during Re-Distribution zones which is how I plan to trade it. If the deviation confirms then I look forward to playing mean reversion off the Daily 12/25 EMAs.




Tension rising in the Iran situation. Hedge running nicely lets see how this plays out. bitcoin:native





$BTC The market rarely gives perfect retests. If that were the case, everyone would be rich.





$BTC - limit long 76k is a big level for me and if we hold it i think we could go back for the highs.














