Afternoon range rule, trade the edges, not the middle. 📚
Bitcoin now sits near 78,402 dollars, inside a fresh range with 75,736 dollars below and 78,368 dollars above, and the next wall at 79,500 to 80,500 dollars, with Friday nonfarm payrolls still ahead. 💡 My method for afternoons like this is simple. First, never chase the middle of the range after a 2,600 dollar V shape, because the middle gives no edge. Second, buy only near a defended level, like the 76,066 Fib area on a retest, or sell only near a rejected level, like 78,368 on a failed break. Third, keep size small into Friday, because one payrolls print can gap through any stop.
This afternoon, do you trade the range edges, or sit flat until Friday payrolls pass? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #CryptoEducation
Bitcoin now sits near 78,402 dollars, inside a fresh range with 75,736 dollars below and 78,368 dollars above, and the next wall at 79,500 to 80,500 dollars, with Friday nonfarm payrolls still ahead. 💡 My method for afternoons like this is simple. First, never chase the middle of the range after a 2,600 dollar V shape, because the middle gives no edge. Second, buy only near a defended level, like the 76,066 Fib area on a retest, or sell only near a rejected level, like 78,368 on a failed break. Third, keep size small into Friday, because one payrolls print can gap through any stop.
This afternoon, do you trade the range edges, or sit flat until Friday payrolls pass? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #CryptoEducation
