BTC Reaching 4hr Supply Zone - Watch the price action
Waiting for either a rejection of the 4hr supply zone to enter a reversion to value short OR if price breaks through the supply zone higher than 39,000, with appropriate price action we will look for a long position. The OODA loop will be to assess price action and MP for a failed auction. If there is a sustained auction at this level for 2/3 TPO's we will need a buying wick, or bullish engulfing to enter our long position.
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