Short Term Bearish Outlook for BTCUSD [H4]
A short term [H4] bearish outlook on 
BTCUSD price action. For now, I am biased on taking a short position here should we fail to hold above key support lines. It is a very low risk play with a stop just over the candles high, and a profit target of the previous trend resistance line that it has just broken.
*Note that the stop loss is dependent on how the order flow for that area looks. I would suggest paying very close attention to how the footprint and delta look for these particular sets of candles, and observe the order flow/auction process carefully. The stop loss is not a blind/random stop loss but dependent on paying attention to how price is reacting to these levels to determine whether you should cut and reverse, close the position, or add to the position.
BTCUSD price action. For now, I am biased on taking a short position here should we fail to hold above key support lines. It is a very low risk play with a stop just over the candles high, and a profit target of the previous trend resistance line that it has just broken. *Note that the stop loss is dependent on how the order flow for that area looks. I would suggest paying very close attention to how the footprint and delta look for these particular sets of candles, and observe the order flow/auction process carefully. The stop loss is not a blind/random stop loss but dependent on paying attention to how price is reacting to these levels to determine whether you should cut and reverse, close the position, or add to the position.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。