BTC/USDT.P Trade setup
Swing Trade:
if today's daily candle closes confirming the lower high, I would be interested to get into a swing short as we are likely retracing further down for a lower low retest some of the previous broke out areas.
However, if in 7 hours and today's candle closes bullish and continues the the trend upwards, then this idea would be invalidated.
I would not get into this trade until the this daily candle closes. It is Friday, and price action can get crazy (as you can see for the past few hours lol), trade safely.
if today's daily candle closes confirming the lower high, I would be interested to get into a swing short as we are likely retracing further down for a lower low retest some of the previous broke out areas.
However, if in 7 hours and today's candle closes bullish and continues the the trend upwards, then this idea would be invalidated.
I would not get into this trade until the this daily candle closes. It is Friday, and price action can get crazy (as you can see for the past few hours lol), trade safely.
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