BTC
Identifying the range beforehand allowed us to trade throughout the week and take advantage of optimal selling levels above the range.
The entire trade was shared in real time via Twitter and Telegram.
Although the final target is the weekly low (PWL) at 61300, we cannot ignore the weekly liquidity we have above, at 65622, which remains intact.
For this reason, it was advisable to take partial profits and, from now on, wait for the price to move towards the 61800-61300 zone and completely close the trade, or wait for the price to rise and take the weekly liquidity above, see how it reacts, and then make a decision.
For this week, short positions will carry a higher risk than last week, so we need to proceed with much more caution.
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