$B2 just went vertical and now it's sitting above a major weekly level🙄
The move from around $0.41 to $0.89 has been almost straight up. Price is still holding around $0.82, so I'm not calling the top yet but this is exactly where I start watching for a liquidity grab and rejection...
I'm looking for a short around $0.85 to $0.89 if sellers step in. The first downside area is $0.75, then $0.63 & $0.56,so on...
If B2 accepts above $0.89 and keeps building higher, I'll close my short trade. I don't want to fight a breakout just because the move looks crazy😄
#B2
The move from around $0.41 to $0.89 has been almost straight up. Price is still holding around $0.82, so I'm not calling the top yet but this is exactly where I start watching for a liquidity grab and rejection...
I'm looking for a short around $0.85 to $0.89 if sellers step in. The first downside area is $0.75, then $0.63 & $0.56,so on...
If B2 accepts above $0.89 and keeps building higher, I'll close my short trade. I don't want to fight a breakout just because the move looks crazy😄
#B2
