BTI at an area of value

18 thg 7, 2022

BTI setting for a long opportunity, note resistance on a higher time frame.

BTI has been playing around this level for a while now, close above R714 trigger a long position. However, a clear bullish setup is above R730, where it'll have cleared the R720-ish resistance level that's on the weekly time frame.

R714 is like a low cheat entry, in anticipation to a breakout above R730. It can fail, manage risk accordingly.