We broke the weekly trend on
BTCUSD , and now price has mitigated the OB that's been left behind.
Are going to mitigate that monthly OB that was left behind?
Due to macro data, I wouldn't be surprised if we wouldn't see ATH in this cycle.
Trade being invalidated if closes above the weekly order block (OB) and only valid with daily break of structure.
Are going to mitigate that monthly OB that was left behind?
Due to macro data, I wouldn't be surprised if we wouldn't see ATH in this cycle.
Trade being invalidated if closes above the weekly order block (OB) and only valid with daily break of structure.
Note
Idea still valid. Did not close above the levelNote
Still validNote
Okay, so it has broken above the highs and even closed there, but wasn't able to stay there, which tells me that the area below 20k is incoming, however after that we are going higher, as it showed where will it be going with closing above the levels.Let's see.
Note
Took its timeDisclaimer
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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.