BTC what could happen next!

25 Jul 2022

Firs scenario- We see that the price is currently sitting at the swing low 12h TF. Right now i would like to see sweep of that low to consider some long positions as the price is also in HTF Order Block. If price manage to sweep the lows we may see pull back to the Order Block above and potentially first target would be 1h/4h breaker blocks, how ever we have created some nice equal highs which maybe taken out.

Second scenario- If price will break structure and close below 12 h low, i will wait for pull back and look for short positions from upper order block to full fill imbalance which marked as (blue zone) and take of another swing low.

25 Jul 2022

Nota

IMPORTANT- Also i need to mention again, on my previous post on BTC i have said that price reach WEEKLY Imbalance 0.5 and we have Raid on WEEKLY swing high which is good confluence to prioritise short positions on market so far!!!

25 Jul 2022

Nota

If your look on my previous post on BTC break down. You will see where price may go next in long term.

25 Jul 2022

Nota

4h Breaker Could be considered as first point of interest to short on LTF who ever trade on it.

25 Jul 2022

Nota

Second scenario most likely to happen

26 Jul 2022

Nota

Price playing as i expected by the second scenario. The lows has not been taken yet. For sure it to early to consider any long specially when there more liqudity resting below swing lows and Monthly order block so lets see what the price is going to do now.

27 Jul 2022

Dagangan ditutup: sasaran tercapai