BTCUSD 16 OCTOBER 2021 1233 hrs ( massive pressure gaps)
These massive pressure gaps occur on Saturdays and Sundays. Which sorta makse sense that the bots would be off. All major trading takes place Late Sunday into Friday.
We are in thet zone now (absent volume). Basically the market will oscillate until SM comes back to work on Monday.
As usual, look for their presence at previous key demand zones and try not to chase it. You might get away with it but more times than not you won't and you will lose money OR have to wait months before you are in profit. That situation sucks. Bag holding sucks.
Primary and alternate entry areas emphasized here. If they dont buy, they dont buy and price falls.
Always look for bargain prices. When you chase and buy late, you are likely buying from an entity that is in profit taking mode.
We are in thet zone now (absent volume). Basically the market will oscillate until SM comes back to work on Monday.
As usual, look for their presence at previous key demand zones and try not to chase it. You might get away with it but more times than not you won't and you will lose money OR have to wait months before you are in profit. That situation sucks. Bag holding sucks.
Primary and alternate entry areas emphasized here. If they dont buy, they dont buy and price falls.
Always look for bargain prices. When you chase and buy late, you are likely buying from an entity that is in profit taking mode.
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