Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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On H4 thats a nice liquidity sweep into H4 breaker - with a close forming an SFP right now.
Highs taken and open interest cleansed - so what should we expect next? Logic says Lows.
Now my bias and eyes are towards that juicy equal low which has confluence with EQ of current local range, offering a lovely short scalp for swing traders.
If BTC goes on a tear and closes above EQ then we look higher and change bias.
Lets see what we get.
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Small update - unwise to ignore further upsweep potential first.