Bitcoin Morning Update – Wednesday 🚀
Yesterday, we saw a bearish flush, and that questionable SFP ended up confirming a notable break of structure. We’ve broken down from this internal bearish range, but remember—this is just an internal move within a larger range.
Today’s Setup – Bulls & Bears in Play
📉 Bearish Plan: I’ll be shorting any 15M flip in structure before $83.4K.
📉 Breakdown Target: If we get a short today, it could be juicy—there’s a steep liquidity drop down to $81K (initial target).
📉 Confirmation Matters: Wait for a notable market structure shift before pulling the trigger—1M changes are just noise. The higher the timeframe, the stronger the signal.
📈 Bullish Reversal: If we reclaim $83.4K, I’ll flip my bias and look for longs in the demand chain up to $84.7K at minimum.
📈 Key Caution: Ensure a structure flip and de-risk when possible—the primary structure can and may retrace deeper to fulfill the higher timeframe objective.
London session will set the tone—let’s see what Wednesday brings! 🚀
Yesterday, we saw a bearish flush, and that questionable SFP ended up confirming a notable break of structure. We’ve broken down from this internal bearish range, but remember—this is just an internal move within a larger range.
Today’s Setup – Bulls & Bears in Play
📉 Bearish Plan: I’ll be shorting any 15M flip in structure before $83.4K.
📉 Breakdown Target: If we get a short today, it could be juicy—there’s a steep liquidity drop down to $81K (initial target).
📉 Confirmation Matters: Wait for a notable market structure shift before pulling the trigger—1M changes are just noise. The higher the timeframe, the stronger the signal.
📈 Bullish Reversal: If we reclaim $83.4K, I’ll flip my bias and look for longs in the demand chain up to $84.7K at minimum.
📈 Key Caution: Ensure a structure flip and de-risk when possible—the primary structure can and may retrace deeper to fulfill the higher timeframe objective.
London session will set the tone—let’s see what Wednesday brings! 🚀
🎯BOOK 121 TRAINING MASTERCLASS: tradejournal.co.uk/book-1-to-1-master-class/
🎯JOIN ONLINE BOOTCAMP:
WHEN? Last Sunday each month!
tradejournal.co.uk/bootcamp/
🎯Join Discord Community: discord.gg/SFmbjseS89
🎯JOIN ONLINE BOOTCAMP:
WHEN? Last Sunday each month!
tradejournal.co.uk/bootcamp/
🎯Join Discord Community: discord.gg/SFmbjseS89
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.
🎯BOOK 121 TRAINING MASTERCLASS: tradejournal.co.uk/book-1-to-1-master-class/
🎯JOIN ONLINE BOOTCAMP:
WHEN? Last Sunday each month!
tradejournal.co.uk/bootcamp/
🎯Join Discord Community: discord.gg/SFmbjseS89
🎯JOIN ONLINE BOOTCAMP:
WHEN? Last Sunday each month!
tradejournal.co.uk/bootcamp/
🎯Join Discord Community: discord.gg/SFmbjseS89
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.