Previous predictions have been correct, i still think the bullish momentum will continue. It has set up liquidity above with EQH. Price may come down into the 1H orderblock before going up to take the liquidity.
Price has entered the daily OB and now creating structure coming back to test the 1H supply. On the 15m we have created EQL and a nice OB underneath. I will be looking for shifts on the 1m.
I will be looking to take shorts from my POI. I believe the lows have been set up to be taken out massive liquidity purge. Structure break, equal lows, minor swing point taken. This pull back is only a fake recovery for the HODL community.
My short term bias is sell. why, because we created retail eql and have respected the supply on the 1H. So i think we will continue down and will reanalyze tomorrow to see where we heading end of the week!
My overall bias is short for bitcoin just check my other post. But that does not mean we will not have retracements fixed imb and discounted orders. i will be looking for buys for the the rest of the week.
Yesterdays post predicted the dump, however i got a BE. Now the price action showing me nothing i like, for that reason i am staying out and most likely staying out friday. Remember dont try to force something, have high standards and never drop below. I pride my self on only trading the best Price action and my work on is greed. Hope every one has a good week. I...
Unfortunately i was away from the charts the last two days but... a great scenario happen today with price driving into the 1 hour order block and giving good entry opportunity on the 1m TF. I will be posting some EU and BTC ideas tomorrow!
I still think we will take the inside high of the daily that we have not broke, EQH structure showing bullish, last run on liquidity i think we going up before retracting down
Looks like a simple short, liquidity taken from the top taken the early buyers, be looking for the flat lows to be taking as well as imbalance being filled.
We havent broke any daily candles, so i expect to see the low broke. Because we are respecting levels price may drive us down london. Will look for a momentum sell, and possibly reversal new york after a sweep.
The was i see news is that it is a opportunity for market makers, banks and whales to liquidate retail and create moves. Not to follow the fundementals. EL salvador made bitcoin a legal tender which is great news and should of pumped the price up. However we crashed. Connect the dots, analysis was a sell, retail buy on the news, the 90% of traders and fomo, then...
I am unsure where EU wants to go as there as a few plausible ideas. 1- price has taken flat highs, london malnipulation for new york reversal. Driving it to breach the daily low. 2- price will continue to climb higher to take the high.
We have a double sweep, reaction off 1H, DXY is looking good too, looking for entries on the 1M
I want to see how it reacts to the 1H order block, momentum is strong, its fixed the imbalance and now reaching for the 1H OB. we might break through and continue, but in that area i will be looking for shifts on the 1M.
Short term i will be looking for these areas to break as they are liquidity pools. The analysis leans to sells,
I see the low this week now has been taking out, early in the week drawing towards the biggest pool of liquidity. I think price will start reversing i will look on the 1M for shifts and get in for some longs.
BTCUSD is stuck in a 1H range and possibly setting up a wyckoff. I see that on the daily price has left imbalance so for now the momentum is up, i can see a break of the range to fill the imbalance before taking shorts. wait for momentum shifts, dont be a hero and try catching the top, go with the flow and take a loss of the reversal and it will be a good loss.
A set up pointing to a sell, ranging session, i think we will drop for NFP. I have seen this before, a perfect set up for news to act as a "random" catalyst.