In my last BTC idea i said it wasn't a good idea to be bearish and it turned out, indeed it wasn't.
Idea here is self-explanatory but it can look more cluttered when shared so a little explanation.
The whole thinking is shaped around the Nasdaq fractal and an up only scenario, which is unlikely IMO. Between the three, blue option is my favourite as it'll stop enough people and make many others short, but it'll be hard to predict where it reverses as well.
I'll share more ideas, which are more bearish at first but bullish later, but there are good reasons (FVGs, OBs, Harmonics and more) to push to 32 - 34s and even 36s and reverse from there.
Idea here is self-explanatory but it can look more cluttered when shared so a little explanation.
The whole thinking is shaped around the Nasdaq fractal and an up only scenario, which is unlikely IMO. Between the three, blue option is my favourite as it'll stop enough people and make many others short, but it'll be hard to predict where it reverses as well.
I'll share more ideas, which are more bearish at first but bullish later, but there are good reasons (FVGs, OBs, Harmonics and more) to push to 32 - 34s and even 36s and reverse from there.
Comment:
blue line is doing its job
blue line is doing its job
Comment:
almost there.
Trade closed: target reached:
target reached
Main area of interest for 'too good to be true' scenario