đŻ $BTC: the breakout candle gets attention. The retest earns consideration.
Here is a two-way post-CPI watchlistânot a live trade call:
BULLISH CASE:
A completed 1-hour candle closes above the post-release range high. Price revisits that boundary and holds, then closes back above it.
Potential invalidation: a break below the retest swing low.
BEARISH CASE:
A completed 1-hour candle closes below the range low. The rebound fails to reclaim it.
That weakens the long case; spot traders can stay out rather than force a leveraged short.
Define the range consistently: the high/low of the first full hour after the October 14 release. Check your exchange chart before using it.
No fixed dollar target here: the next visible resistance/support must leave enough reward for the planned risk and costs. These rules are illustrative, not a backtested edge.
Which would make you act: a clean reclaim or a failed bounce?
CPI source: https://www.bls.gov/cpi/
#CPIWatch #BTC
No confirmed entry is claimed. Stops may slip.
Here is a two-way post-CPI watchlistânot a live trade call:
BULLISH CASE:
A completed 1-hour candle closes above the post-release range high. Price revisits that boundary and holds, then closes back above it.
Potential invalidation: a break below the retest swing low.
BEARISH CASE:
A completed 1-hour candle closes below the range low. The rebound fails to reclaim it.
That weakens the long case; spot traders can stay out rather than force a leveraged short.
Define the range consistently: the high/low of the first full hour after the October 14 release. Check your exchange chart before using it.
No fixed dollar target here: the next visible resistance/support must leave enough reward for the planned risk and costs. These rules are illustrative, not a backtested edge.
Which would make you act: a clean reclaim or a failed bounce?
CPI source: https://www.bls.gov/cpi/
#CPIWatch #BTC
No confirmed entry is claimed. Stops may slip.