BTC: Vector recovery on the MACRO
We have a blue vector printed on the 3 weekly chart which indicates where major volume from institutional orders enticing PA to move higher from that price level.
These Blue vectors are extremely important on my end in knowing where PA will pull back to at the minimum 50% recovery of that level in order to the big players to realise a return on their shorts from the highest point in the chart.
Shorts made in order to drop this deep are followed by major news in order to justify the pull back to positions can be closed within the blue vector candle region.
Tick Tock given it is a very high macro time frame.
These Blue vectors are extremely important on my end in knowing where PA will pull back to at the minimum 50% recovery of that level in order to the big players to realise a return on their shorts from the highest point in the chart.
Shorts made in order to drop this deep are followed by major news in order to justify the pull back to positions can be closed within the blue vector candle region.
Tick Tock given it is a very high macro time frame.
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