Recently we called a Short position on $40350 and it turns out with a great result! Now $BTC has pulled back from the Range's Low And it has reached the Range's mid. Based on our data, The First Short position has come with an opportunity to take at Range's mid with an SL above our last rejection line at $40320.
And the Second opportunity will be created if we get the closings below $38100. Then you can locate your Short with an active SL above Range's mid at $39200. ( Active means that we need those candles close to triggers our SL )
The last word, If we get caught on SL, Then I'll be looking for possible Long above Range's high. Also, there'll be another Short Possibility at Range's High. That's why I didn't mention further information...
