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p3nchan

#replay 12 - Breaker, Stop Hunting and Liquidity Levels

Short
Bitcoin / TetherUS PERPETUAL CONTRACT (BINANCE:BTCUSDT.P)  
p3nchan Updated   
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Supply and Demand replay
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supplyanddemand replay
After hunting stops, the price got back into the range soon. A breaker created after it quickly dumped below the structure. Now I'll wait for the test of the newly formed breaker, and the price may go down to the lowest liquidity level.
Comment:
Now the demand zone has been tested. This is good for it. I'll wait for the test of the breaker.

snapshot
Comment:
It takes too much time for it to test the breaker. It may not be good for the price to reach the breaker.
snapshot
Trade active:
The demand zone was rejected.
snapshot
Order cancelled:
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The price action didn't play well. Order cancelled.
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