cme gap at 9k will be looking for longs near 8.6 and 8.4 areas. idea valid till 8.4 holds as support in 4h.
Order cancelled:
Consolidating too much in 8.6k area. Not liking price action here. Trading idea cancelled , will re-update if shorter tf change.
Trade active:
ok im giving it another chance..lets see if 30min chart proves more accurate than 15min chart -.-
Order cancelled:
out for now both 15min and 30 min look not optimistic
Comment:
might re enter later if 15min/30 min flips bullish
Comment:
feel we are nearing a move if btc fails to get above 8650 soon 8600 just might break. (Support tested many times already..)
Comment:
If this crosses back up then i might become bullish..but for now neutral.
If this crosses back up then i might become bullish..but for now neutral.
Trade active:
Active again. Chop is intense. sigh.
Comment:
if it turns down again..I might flip short. basically gonna keep flipping whichever way ma crosses lol.
Comment:
im long from 8640, but watching PA anyways.
Order cancelled:
sigh stopped out again...getting fed up of this.
Trade active:
Managing this based on 8.6k not breaking.
Comment:
Unsure if we'll get another test of 8.6 atm, Will be using lower tf to monitor the trades. Target is ~9k area.Turning down again won't be a good sign.
Comment:
The other times this has happened. Notice how price moved without re-testing the broken level.
Hence my theory is that 8.6 should not be retested again. Managing this one on a tight stop.
Hence my theory is that 8.6 should not be retested again. Managing this one on a tight stop.
Comment:
Ok im not liking this PA. I think the CME gap got filled wtf.
If price breaks 8.6 i am going short.
If price breaks 8.6 i am going short.
Trade closed: target reached:
I think the cme gap got filled. No longer have a clear setup here. Im out of this chop. GOnna wait and see if 8.6 breaks before deciding on future direction.