Trade Recap: $BTC long scalp.
Bias going in was bullish after the third consecutive POC shift higher. Price had been ranging around the weekly POC since yesterday.
Order flow backed the setup. Perp sellers kept trying to push lower, but spot buyers absorbed every wave and killed the follow-through. Posted about this dynamic earlier this morning.
Shorts got squeezed. Buyers ripped price above range highs and above the VAL. Entered on the retest, targeting continuation.
Stop below the manipulation low. Target was monthly open, which lined up with weekly VWAP.
Only took it on a $10K eval account, not my personal. Annoying miss.
Bias going in was bullish after the third consecutive POC shift higher. Price had been ranging around the weekly POC since yesterday.
Order flow backed the setup. Perp sellers kept trying to push lower, but spot buyers absorbed every wave and killed the follow-through. Posted about this dynamic earlier this morning.
Shorts got squeezed. Buyers ripped price above range highs and above the VAL. Entered on the retest, targeting continuation.
Stop below the manipulation low. Target was monthly open, which lined up with weekly VWAP.
Only took it on a $10K eval account, not my personal. Annoying miss.