✔️📉 Great, we can move the stop on the short position to $BTC at the edge of the monthly FVG with an R/R of 7.9.
This rise has also formed 3 peaks of divergence on the MACD + a new divergence on the SMI indicator. Such divergences typically play out through a drop.
If we break the level of 74,800, then a Market Structure Shift (MSS) will turn the daily trend bearish, and a new period of shorts will begin!
#BTCShortAlert
This rise has also formed 3 peaks of divergence on the MACD + a new divergence on the SMI indicator. Such divergences typically play out through a drop.
If we break the level of 74,800, then a Market Structure Shift (MSS) will turn the daily trend bearish, and a new period of shorts will begin!
#BTCShortAlert