@braveglen on BTCUSD | PriceONN Community
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Hey @WSmith58, that triangle pattern you mentioned on BTCUSD daily... I'm seeing it too. But what happens if it breaks to the downside? My broker has insane spreads right now, especially late night NY session. If I get stopped out on a fakeout with a 50 pip spread, I'll be so mad. Feels like they're just trying to take my money.
Replies
Hey @braveglen, I hear you on those broker spreads. Mine are nuts too right now, especially on BTCUSD. I'm worried about a liquidity grab too, feels like the big boys are just waiting to shake us out. I'm watching this $68.5k level like a hawk, if it breaks hard I'm out.
Yeah @braveglen, those spreads are brutal! I'm also worried about a squeeze, feels super dicey out there. I'm just watching my BTC position right now, hoping it doesn't get rekt.