MARKET CONDITION
From my previous post i said i was anticipating a Accumulation, Manipulation & Distribution market profile and it seems like the first two phases has been completed. I would want to see huge movement to the downside this new week to start the Distribution phase.
TRADE UPDATE
I'm currently in a swing short from that daily supply zone and i'm still anticipating more downside going into the new week/month.
SUMMARY
I'll be observing Price Action and managing my trade accordingly. Drop your take on BTC in the comment lets break down some few things together.
From my previous post i said i was anticipating a Accumulation, Manipulation & Distribution market profile and it seems like the first two phases has been completed. I would want to see huge movement to the downside this new week to start the Distribution phase.
TRADE UPDATE
I'm currently in a swing short from that daily supply zone and i'm still anticipating more downside going into the new week/month.
SUMMARY
I'll be observing Price Action and managing my trade accordingly. Drop your take on BTC in the comment lets break down some few things together.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.