BTCUSD / Bitcoin Trade Idea
2024-10-17

After reaching the target I'm looking to new setup. Currently I'm looking to position myself in short till we reach point A. 

A) I want to see rejection of that level with bullish closure of higher timeframes = Long

B) I'll trail short a bit more in this case and look to long in point B with same criteria.

BUT I'll be more conservative and not have big expectations to reach higher prices labeled on chart (red line on top). That level is likely for scenario A in my perspective for now as I don't want to hold a position too long on those levels.