Between the window and hard evidence, I choose the window. $BTW is that window speaking right now. On the four-hour chart, the price is below both moving averages. The bearish alignment remains intact, and each rebound is weaker than the last, which shows that sellers are still in control.
When we look at the charts, we shouldn’t focus on just one candlestick. Until the structure turns, a rebound is more like an opportunity for bears to get positioned. There’s no volume backing the resistance zone above, so I think a move lower is more likely. At times like this, patience matters more than quick reactions.
🔴 Trade direction: Short
📍 Entry range: 1.0640181 – 1.0707631
🛑 Stop loss: 1.1448698
🎯 Take profit 1: 1.0092812
🎯 Take profit 2: 0.9705417
🎯 Take profit 3: 0.9124323
There’s no need to chase the prevailing trend; it will linger on its own.
Stand alongside Sister Li, and let every moment resonate.
#BTW
Click below to trade 👇
When we look at the charts, we shouldn’t focus on just one candlestick. Until the structure turns, a rebound is more like an opportunity for bears to get positioned. There’s no volume backing the resistance zone above, so I think a move lower is more likely. At times like this, patience matters more than quick reactions.
🔴 Trade direction: Short
📍 Entry range: 1.0640181 – 1.0707631
🛑 Stop loss: 1.1448698
🎯 Take profit 1: 1.0092812
🎯 Take profit 2: 0.9705417
🎯 Take profit 3: 0.9124323
There’s no need to chase the prevailing trend; it will linger on its own.
Stand alongside Sister Li, and let every moment resonate.
#BTW
Click below to trade 👇