$BTC Bitcoin trade plans for today.

in #trading2 years ago

Looking to get short on BTC.

Mondays midrange is one area I'm watching, it's confluent with the quarterly open so if we drop back below there I'll go short.

BTCUSDT_2023-07-11_11-46-19 shorts.png

For now though just watching, this could squeeze right up and take out Monday's high too and really rekk late shorts, that would be an ideal entry if we can get a swing of Mondays high... maybe asking too much.

Target one is Mondays low then Target 2 is 29500.

Will update when/if I enter.

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no trade.png
Nearly got the setup but price held market structure and pushed back above midrange.

Have entered short BTC here, targeting Mondays low.

BTCUSDT_2023-07-12_00-05-42.png

Stopped out, good execution just didn't play out.