The close of the daily candle will determine the direction of the market. Currently, I'm hoping the market takes out the buy side liquidity *(Break of market structure), sell to the Imbalance/Order block to further push the market to $28,000 region.
This is just a little retracement Idea for the greater sells to $10,000 and below.
Also take your Fib and measure the last swing high to low on the Daily timeframe, the $28,000 region falls exactly inside the 61% t0 70% fib level which is a good area to look for shorts.
Nice supply zone and FVG on the 4H TF to look for shorts
This is just a little retracement Idea for the greater sells to $10,000 and below.
Also take your Fib and measure the last swing high to low on the Daily timeframe, the $28,000 region falls exactly inside the 61% t0 70% fib level which is a good area to look for shorts.
Nice supply zone and FVG on the 4H TF to look for shorts