Had s look at the charts and I see only 2 opportunities here:
1. Test range highs @ 44100 to 44300 and reject with impulse creating a MSS - We short on the retest.
2. Test my kill zones and preferably fill in the 4H FVG atleast till the mid point (45700( and reject with impulse creating a MSS. We short on the retest. It could also go up as high as the market...
Entered a short position on BTC at the 27550.
Looking to ride the short till 25800 and 24800.
Reasons and confluences:
- Head n Shoulders Neckline Retest
- 4H 55 EMA at 27400
- 1D 55 EMA at 27590
- 4H RSI creating hidden bearish divergence; The RSI has been reset and can continue the downtrend.
Invalidation is a hold above 27800. If this happens, we set...
A break of 29800 below will make me 100% certain that this is playing out.
Let's see.
Looking to catch a short at 30250 towards 25200 with an SL of
30650 on BTC.