We're looking at the BTCUSD 1h timeframe and we're spotting two opportunities for both a long- & a short-trade. The triggers are self-explanatory: once the BTCUSD price closes above or below each area, we will trade with the trend and open our position.
The divergence with the price & the RSI as well as the volume profile is pointing towards a bearish move, so this scenario is more likely to happen.
Excellent foresight as always!! Thank you ARESABI i will always follow you.
ThinkLikeaWhaleTLAW
⋅
Wonderful post. Always enjoy your analysis Until the structure changes I'm seeing the 25250 k range and subsequent retest As the Upthrust followed by the UTAD in wyckoff. That is until something changes. For now let's see if 22-22500 holds to run up to 26500 until then. Wyckoff is winning.