Bitcoin weekly roadmapHi guys, I hope the growth of Bitcoin has brought you rich profits.
What happened today was that we expected a temporary drop to fill the FVG area, which it did and it bounced back to 47,000.
This upward trend continues until reaching the price area of 48000, the existence of a lot of liquidity and more resistance can bring the price back from this area.
My idea is that Bitcoin will grow to the supply area of 48000.
By collecting all the liquidity in this area, the price will experience a decrease to the demand areas of 43550 and 41250.
Of course, you should keep in mind that with the news that will come for Bitcoin on Wednesday, let's have the possibility of any reaction for Bitcoin.
Adjust your trades with optimal risk and guaranteed loss limit.
If such analyzes are useful for you, I will be happy to support you and share your opinions with me in the comments section.
Fvg_strategy
My GBPUSD Buy Setup For Next WeekCheck out this Buy setup for GBPUSD projection for next week move.
FOREXCOM:GBPUSD
Thoughts Process Behind the Setup:
Weekly Time Frame: Bullish plus FVG and bearish order block above price serving as a draw on liquidity.
Also, price already retraced to fill the FVG below price. Which means price is now ready to push higher to fill the FVG above.
Daily Frame: Price bouncing off daily bullish order block to fill an imbalance.
The only setback on daily for now is the bearish order block where price is currently at.
2HR: Price took out sellside liquidity and dropped further into the weekly FVG and then created a shift in market structure leaving a clear FVG behind.
Entry: I used my FIB to locate OTE around the FVG which is where i will be placing my limit order for entry.
What do you see on your own chart?