Bitcoin / TetherUSShort
DOWN TREND
BTC is in an uptrend on the daily time frame, an inverse FVG was closed below which could either be a pullback or a possible reversal either way we take advantage of it with a 1.5 R:R to stay on a safer side and could possibly trail our positions if the there is a more definite reversal.
Liquidity sweep was marked out as a zone where price could potentially hit , on the 1hr time frame a bearish FVG was spotted and reactions off that FVG i.e rejection to the upside which indicates bearish movement, then on the 15 mins time frame marked a price level (67,736.01) anticipating for a BOS to the downside. Then on the much lower time frames marked out potential take profit levels
Liquidity sweep was marked out as a zone where price could potentially hit , on the 1hr time frame a bearish FVG was spotted and reactions off that FVG i.e rejection to the upside which indicates bearish movement, then on the 15 mins time frame marked a price level (67,736.01) anticipating for a BOS to the downside. Then on the much lower time frames marked out potential take profit levels
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