#BTC 🟢 M15 Buy (Bitcoin). Imbalance
Updated
I planned to open buy positions near the lower border of the H1 range (30K).
But since the imbalance formed a reversal pattern, he took advantage of the situation offered by the market. By the way, at the moment a short situation is brewing in the market.
input: 30435 (input on imbalance test)
stop: 30175
tp-1: 30697
tp-2: 31221
But since the imbalance formed a reversal pattern, he took advantage of the situation offered by the market. By the way, at the moment a short situation is brewing in the market.
- The price was below the market opening. (✔️)
- The price was below the level of the First Buyer of exchange options. (✔️)
- The price was at the lower boundary of the H1 range. (✔️)
- M15 imbalance. (✔️)
- Second target above H1 range (⚠️)
input: 30435 (input on imbalance test)
stop: 30175
tp-1: 30697
tp-2: 31221
Note
The market did not give an entry point for selling, and the price went to the main resistance of 30K, where we will wait for the formation of a buy entry point.Trade closed: target reached
tp-1✅tp-2✅
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.