$BTW is weak but I’m not calling a major crash yet ...
BTW pushed into the $1.49 area, sellers stepped in & price has now slipped back below $1.43. The 15M structure is starting to look weaker.
I’m watching $1.42–$1.44 closely now.
If BTW retests that area and gets rejected again, the next target profits on my chart are $1.36, then $1.30 and $1.20.
The bigger 4H & daily trend still looks bullish though, so I’m treating this as a possible short-term flush but not a confirmed full trend reversal or crash...
A strong move back above $1.49 with good volume will invalidate my trade setup
Would you treat this as a short-term flush or Crash?
Sharing my own market plan not financial advice...
#dyor
#BTW
BTW pushed into the $1.49 area, sellers stepped in & price has now slipped back below $1.43. The 15M structure is starting to look weaker.
I’m watching $1.42–$1.44 closely now.
If BTW retests that area and gets rejected again, the next target profits on my chart are $1.36, then $1.30 and $1.20.
The bigger 4H & daily trend still looks bullish though, so I’m treating this as a possible short-term flush but not a confirmed full trend reversal or crash...
A strong move back above $1.49 with good volume will invalidate my trade setup
Would you treat this as a short-term flush or Crash?
Sharing my own market plan not financial advice...
#dyor
#BTW
