2nd short signal from BB Bot on H4 and band width signalling incoming volatility. The bounce ended up as failed reversal on Better SCMR, and there's a good chance that we will see more downside from here, hopefully finally a break out of the HTF range.
Comment:
Demand from bulls on this drop is much lower than see before in this multi-month range. Keeping the short.
Comment:
Took initial profit on move to low 8.9k and closed the rest as price action and Better SCMR showed lack of continuation to the downside at the moment.