BTC wave structure in M15, 4H timeframe analyzed as SMC method
307
4H Swing is bullish => current is pullback 15M swing is bullish => current is internal bearish
The price will rebound and break the weak swing peak when the internal structure of the M15 wave turns bullish
Note
BTC, after reducing price to get liquidity from buy orders, has increased again
Note
The price rose and broke the weak Swing High
Note
BTC recovered and surpassed the strong i-Swing top of the daily frame. gives us a signal that the daily frame has ended its downtrend and switched to an uptrend.
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.
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.