@SReddy46 on BTCUSD | PriceONN Community
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Watched that H4 wick close above 73k. Pulled the trigger on a small long position around 73150, SL just below the low at 72900. Feels like a liquidity grab as @rgupta536 mentioned, hoping it plays out. Targeting R1 and maybe R2 if momentum holds.
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Yeah, hoping that SL at 72900 holds if it dips. Would rather take a small loss than get rekt if this turns out to be a fakeout. Keeping an eye on that pivot point at 73072 too, that's a key level to watch.
That H4 wick closing above 73k, if it holds, could signal a bullish engulfing pattern forming. Definitely worth watching for follow-through in the Asian session.