$G — SHORT
That 0.0151 to 0.0068 candle was distribution, not a dip. Since the crash G has done nothing but compress.
Lower highs: 0.00739, 0.00720, 0.00698, 0.00688, 0.00676. Flat support parked at 0.00646.
Descending triangle underneath broken structure. Those lows are not holding because buyers are defending them, they are holding because nobody has pushed yet.
Entry 0.006640 - 0.006760
TP 0.006460 / 0.006150 / 0.005690
SL 0.006900
Reclaim above 0.00690 and I am wrong. Break 0.00646 and the 0.00569 low is the obvious magnet.
$G
That 0.0151 to 0.0068 candle was distribution, not a dip. Since the crash G has done nothing but compress.
Lower highs: 0.00739, 0.00720, 0.00698, 0.00688, 0.00676. Flat support parked at 0.00646.
Descending triangle underneath broken structure. Those lows are not holding because buyers are defending them, they are holding because nobody has pushed yet.
Entry 0.006640 - 0.006760
TP 0.006460 / 0.006150 / 0.005690
SL 0.006900
Reclaim above 0.00690 and I am wrong. Break 0.00646 and the 0.00569 low is the obvious magnet.
$G
