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BTCUSD ANALYSIS 15 - 19 FEB

Theo Terapips
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ANALYSIS
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DAILY TF: BEARISH CANDLES. SEEMS WE HIT AN AREA WHERE PRICE IS FAILING TO BREAK ABOVE
4HR TF: IN A CONSOLIDATION PHASE

PLAN OF ACTION
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- WAIT FOR RETRACEMENT/ CORRECTION PHASE ON THE 1HR TF TO COMPLETE BEFORE TAKING SELLS BASED ON DAILY TF BIAS
- IF OPPORTUNITY PRESENTS ITSELF, WE CAN TAKE THE ANTI-TREND BUY TRADES



ENTRY REASON
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- BREAK OF CORRECTION PHASE

STOP LOSS @ TO BE DETERMINED AFTER CORRECTION

TAKE PROFIT @ NEXT ZONE
Đóng lệnh: dừng lỗ
price did a fake to the downside
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