Potential Scalp Short BTC 18 May 2022

BTC 18 May 2022

The current expected volatility is around 4.76%
Based on a 82.5% chance, our asset is going to be compressed within the channel made from:
TOP 31860
BOT 29000

From POC Volume point, the concentration point is around 30400 -> 29800

At the same time yesterday, we had Jerome Powell on a hawkish attitude, so we can expect another bear rally in the near future.

Based on all of this, at this very moment we can try a small scalp with
TP around 39500-39250-39000
SL around 30500