BTC update Looking over the btc chart Weekly we have had a nice close with massive wick to the downside bounce right off OTE and cleaning out some internal liquidity its hard not to look at that and think we gonna head up the 25k at least
daily/12h we have clearly broke market structure to the downside and now could this just be the underside retest before some more continue downside or was it just a fakeout before more upside with such a heavy news week as mentioned above we could see some real wicky stuff this week chopping up traders in both directions
Something to note i usually check the CME futures each monday and mark out any gaps and we have formed one $21,3k to $20,3k its something i like doing as we do get alot gaps filled overtime
I will be watching the monday range form as usually and then play it from there
we could see 2 things play out
1. we range around today in a pretty tight monday range and then wick up into the daily/12h Bearish OB and then come down to fill in some FVG downside
2. we still range around today but we head down first to fill some FVG before a continued move to the upside giving me my 3 drive patten
i have been talking bout its going to a hard week with such big news so keep safe and happy trading
BTC update Looking over the btc chart Weekly we have had a nice close with massive wick to the downside bounce right off OTE and cleaning out some internal liquidity its hard not to look at that and think we gonna head up the 25k at least
daily/12h we have clearly broke market structure to the downside and now could this just be the underside retest before some more continue downside or was it just a fakeout before more upside with such a heavy news week as mentioned above we could see some real wicky stuff this week chopping up traders in both directions
Something to note i usually check the CME futures each monday and mark out any gaps and we have formed one $21,3k to $20,3k its something i like doing as we do get alot gaps filled overtime
I will be watching the monday range form as usually and then play it from there
we could see 2 things play out
1. we range around today in a pretty tight monday range and then wick up into the daily/12h Bearish OB and then come down to fill in some FVG downside
2. we still range around today but we head down first to fill some FVG before a continued move to the upside giving me my 3 drive patten
i have been talking bout its going to a hard week with such big news so keep safe and happy trading
have a good week