Hey guys, BTC 4h chart, a little more zoomed in so you guys can see what we can look to expect over the next couple of days. This is just an IDEA I am playing with based off MM's and Price Manipulation.
We are currently in a range, and MM will be looking to get people to open shorts and longs within this range before doing a STOP HUNT/LIQUIDITY GRAB and then finding our true direction.
We can see areas of interest for the liquidity grab, they are of course going to be the order blocks, which ones? We don't know, but we we will be able to see as its happening. They might decide to choose the 4hr or 1hr order blocks to return to, but we will only know by them taking out all the desired liquidity and not allowing the price to push past the OB of their choosing.
This will be interesting to see how it will play out.
We are currently in a range, and MM will be looking to get people to open shorts and longs within this range before doing a STOP HUNT/LIQUIDITY GRAB and then finding our true direction.
We can see areas of interest for the liquidity grab, they are of course going to be the order blocks, which ones? We don't know, but we we will be able to see as its happening. They might decide to choose the 4hr or 1hr order blocks to return to, but we will only know by them taking out all the desired liquidity and not allowing the price to push past the OB of their choosing.
This will be interesting to see how it will play out.
Though if they are both very large it will be in the interest of institutions to grab the liquidity either side before taking the final direction.