#btc The MOF just hit hard from 62.8K.
But this is not the time for FOMO.
The price wiped out the untouched candle at 62.8K — exactly where we came from.
Currently, MOF is progressing towards weekly opening.
And this is the decision-making area.
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🎯 Short-term scenario I'm following:
• Open Week Zone
• The top of the wedge pattern decreases
If reaction price is weak here →
I'll look for a short defense opportunity for the Long command from 62.8K.
Pink's because of the drop.
It's because risk management is more important than correcting trends.
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🚀 Want to go up 71.4K – 72.2K?
The MOF is required to:
1. Strong Rehabilitation and Stay Above Week's Opening Level
2. Break definitely off the reduced wedge model
Failure to do so → highly likely just a technical rebound.
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Good Trader doesn't find the best entry point.
Trader's good at finding a way not to die first.
Brother hemodang:
• Hold on long?
• Or wait for the short one?
Comment to let me know the brothers' perspective 👇🔥