With an un-mitigated order block on the weekly time frame, I expect BTC to fall to price levels of $108,900 to $106,050 before an upward move to $119k zone.
In other words, I would take a long position at $106,050 and $108,900 with my target at the buy side liquidity which is at $119k price area.
This would remain valid except if the weekly order block is mitigated.
In other words, I would take a long position at $106,050 and $108,900 with my target at the buy side liquidity which is at $119k price area.
This would remain valid except if the weekly order block is mitigated.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.