I was waiting for a mss with displacement to show me that we actually want to go lower. it didn't happen. the more down was weak and we respected 1h +fvg. for now I'm not looking for shorts. I anticipate a move higher, I will explain in the next post why according to HTF
BTC looks bearish, we had a strong displacement through a low, that is a mss, and we disrespected the 4h +fvg. Also we had a SMT with ETH so this is another indication of shorts. Waiting to see lower timeframe confirmations for shorts, for now be patient
on the 4h we still respect bullish PD arrays. for now I expect to reach the 4h fvg below the SSL then continue higher, I don't know If I will enter a trade because the price action is weak, and there is a bearish SMT with ETH. I will wait for more price action
we have a pretty interesting situation on BTC. we didn't touch the weekly fvg and crated a smt with ETH on the lows. then we had CISD. this may seem kinda bullish but there are a couple red flags. first is the daily fvg we have above, we already took BSL and there is no displacement through the high. also we didn't create a good bullish fvg and the price...
we disrespected recent 4h -fvg and 4h -ob. we reached a 4h -fvg on premium and took BSL. from here I will se on the lower time frames if we have intention to go to the upside to drop. If will see on the 15m/ 1h that we fail to make a higher high and break below a low with clear intention to go lower, I will look to enter on a -fvg and target the lows which are...
like I said in the last post, there was a possibility that we will drop down from that 4h -fvg. I got my confirmation for shorts, there was a mss with intention to go lower, disrespected 15m +fvg, created a 15m -fvg, combined with the -ob. In addition I noticed that PO3 is happening. Asia session created the accumulation, London session created the manipulation,...
noticed we have a daily -fvg above us. there a couple of scenarios. we can drop down from here to the weekly +fvg. not the best probability but its possible. if I will see a Lower high and a lower low on the 1h or 15m + an fvg to the downside I will consider shorts from there ETH can reach the daily -fvg and BTC don't then we will have a SMT. if ETH will reach...
reached 1w + fvg in OTE. maybe it will reach a bit lower to SSL. then I expect price to disrespect 4h -fvg and create a 4h +fvg. in case that happens I will expect longs.
heading towards 1w +fvg. from there I expect to see 4h -fvg gets disrespected then a 4h +fvg being created. in case this happens I will look for longs