XBTUSD H4: BEST LEVEL to SHORT TP 11 200 USD(SL/TP)(NEW)

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XBTUSD H4: BEST LEVEL to SHORT TP 11 200 USD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: XBTUSD H4 chart review/outlook
::: compression into tight range
::: 12 000 heavy horizontal resistance
::: 12 000 is key mirror S/R level
::: shorting high makes sense now
::: TP1 bears is 11 200 USD TP2 bears 10 800 USD
::: this is short-term trade setup only
::: use a tight stop loss (12 300 USD max)
::: recommended strategy: SHORT IT 12 000 USD
::: overall nice setup
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS/PULLBACK
::: Sentiment outlook short-term: BULLS

Commentaire:

setup failed