$BTC Open orders!
Logic: Ahead of the Non-Farm report, expectations were set to push prices up. Once the data came in favorable, you saw the main players distribute their positions and push it to the prior double-top area, leaving room for a spring-like pullback. There is no need to get involved on the rebound!
Subjectively, I believe the probability favors the short side. Set a stop-loss at 87500; if the thesis is disproven, exit decisively!
Logic: Ahead of the Non-Farm report, expectations were set to push prices up. Once the data came in favorable, you saw the main players distribute their positions and push it to the prior double-top area, leaving room for a spring-like pullback. There is no need to get involved on the rebound!
Subjectively, I believe the probability favors the short side. Set a stop-loss at 87500; if the thesis is disproven, exit decisively!