Trading this setup promotes logic.
The equal high false breakout lured buyers in with stops below the most recent structure.
Now that they have been stopped out of the market, we can look to join the buyers and the four-hour demand region.
Beware of the remaining imbalance when selecting your SL.
I won't be making a trade until we have had clear compression of the demand and some liquidity hunting.
Good luck Crypto Gang!
The equal high false breakout lured buyers in with stops below the most recent structure.
Now that they have been stopped out of the market, we can look to join the buyers and the four-hour demand region.
Beware of the remaining imbalance when selecting your SL.
I won't be making a trade until we have had clear compression of the demand and some liquidity hunting.
Good luck Crypto Gang!
Comment:
Liquidity grab complete buys can now be considered.
