$BR Win rate: 55%
Entry price: 0.49548
Take profit: 0.07, 0.09, 0.11, or aim directly for the previous high
Stop loss: 0.41
Reason for entry: This is an area where short sellers are exiting, with a concentration of short positions being closed. Further down, all the levels are short take-profit points. Do you think the market maker will push the price up for a second wave, or let the shorts take their profits? There’s a 55% chance the price will be pushed up. The odds aren’t great, so it’s up to you guys to decide whether to open a position!
Entry price: 0.49548
Take profit: 0.07, 0.09, 0.11, or aim directly for the previous high
Stop loss: 0.41
Reason for entry: This is an area where short sellers are exiting, with a concentration of short positions being closed. Further down, all the levels are short take-profit points. Do you think the market maker will push the price up for a second wave, or let the shorts take their profits? There’s a 55% chance the price will be pushed up. The odds aren’t great, so it’s up to you guys to decide whether to open a position!