BTCUSD Pure Price Action based setup. 9470 coming !!

BTCUSD trading at 10511 broke a minor inter-trendline to the upside but failed to carry the bottom found a reversal tick above the candle close. To the benefit of the bears this reversal is near a major trendline resistance too. So a good risk-reward short trade is in the making in BTCUSD.

My levels for the trade will be short at cmp or to the pullback for 10640 sl 11250 TGT 9470/9000/6000

Disclaimer: My views are not written on stone and can result in loss too. Consult your finiancial advisor before making trading decisions.

Kommentera:

10288 now after low of 10122. 250$ profit if have taken it.