Daily open must be held as support on LTF (m15-m30) if we start to close below ill cut the trade off at entry and wait for our green AOI to be tag. $BTC
Spot getting involved here into this ltf range with passive bids getting filled on order flow (chart#1) with price reclaiming daily with noticeable showing buying pressure on H1 TF (chart#2) Now the questions is how far are they going to push it back up? Local resistance from
$BTC Weekend trade is here. Looks like 2nd green AOI to the downside could get front run, so hedging our short here again risking only half of the profit made from it. Good luck.
$BTC Shallow sweep of range high into posible HTF wave#4 fib retracement level. Could it be simple and send it back down to range low/ range low deviation level, while everyone was waiting for 96-97k/ higher up? Either way we are in position for it, we trade what we see and
$BTC Time to pay attention now as we approaching H4 local range mid/ 2nd green AOI. Move up to our upside AOI now less likely and will be at looking at the following move, going into the weekend. Looking for possible scalp long once Dnpoc at 87k level and daily level 86.28k
$BTC Hope it helped and you took notes, m30 closes below our market level and now will most likely target our 2nd green AOI. Will do a little post soon about LTA which stands for "low traffic area" pretty much clean zone you want to identify and trade it if criteria for your
$BTC Adding some back to our original entry here at 90.5k level. SL placed to new average entry at 88.3k level. Short setup reaching our first TP with extra profit locked in🎯
$BTC Aggregated order book heat map (1) showing buy wall (211 million) @ 91.6 which looks like spoofing orders imo to content price till CPI data is released and most likely going to get pull after price tags it or gets near it (like they did previously to create this ltf range)
$BTC Similar signature move since yesterday don't get fooled on those most likely dead cat bounce. Price tapped our first green AOI but not showing what I was looking for, ideally looking for price to trade 90.12k and see price reaction there as long it happens before my bed
$BTC Green AOI as shown below to look for possible top up on our long (first green box) if we see strength for price (holding Monday high+ weekly open as support) ideally looking for a last push up to our original upside AOI to enter that swing short setup given previously. If
$BTC I think we were a bit early on yesterday's entry but i entered back in with price back below local range high \& HTF resistance, (with possible 3 drive pattern in play, H1 bearish CHOCH, on top of order flow confluences as explain previously) Looking for local range mid to