- Tue 20210706 11.00 BTCUSD 1h (see AI settings here).
- SMA21 was falling.
- Price hung around SMA21 for 10 hours.
- At 11.00 hours, sellers who entered long positions below 34,797.33 during past 26 hours were stopped out by the bar +2 that strongly shot up over -9 blue resistance line, SMA21 line and SMA233 line simultaneously.
- A buy long position sent at 34,699.12 or below during the next bar could have returned at least 10 pips (10,000 points) within 4 hours.
This blog collects historical chart markings of stock, forex and cryptocurrency trading opportunities. The best way to learn trading is to do lots of chart markings every day.
Tuesday, July 6, 2021
20210706 11.00 BTCUSD trading.
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