$BTC did not hold the reclaim of key level, steep drop immediately after, this is why you take profits on scalps. For now 2 main areas i am keeping an eye on for a potential response: 1. VAL - after rejecting from VAH the move towards VAL was to be expected, this is the first level of interest for now. 2. 20th of September low is the second level of interest for now on lower time frames. On approach of both levels zoom into smaller time frames to see how price response and if volume comes in. NY open will be key.
Alain TradesShare
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