Currently, the trend on BTCUSD is bearish. On the 4-hour chart, I’m watching for a reaction at the Balanced Price Range (BPR) zone. This area aligns with a daily Rebalanced Breaker (-RB), adding higher time frame confluence.
In addition to the BPR, there’s an Order Block (OB) within the same region, and a nearby swing high, which strengthens the case for a...
