Let's see if this plays out. Short only on chart, I didn't take but there was a nice 1 minute divergence as a confluence.
I'm going to bed since it is 00:30 here but I'm going to set a limit order with a less than my normal risk because I will be looking for my setup tomorrow during NY Unemployment Claims.
Eth similar setup to BTC. I tried to snipe the short multiple times until I got it. It looks like it's holding stronger than btc, therefore my tp did not hit but I fully close the position at 1:6
Asia high was taken in London and NY retraced to London order block to give then sell
BTC set ups are the cleanest in all financial markets, prove me wrong.
Bitcoin presents unbelievable territory for patient and discipline trader. It is a fair space where people who have knowledge of the markets make the most money. In this case a beautiful application of one of the fundamentals of markets, price action.
in this analysis I have applied the concept of kickoff distribution to the EU weekly graph.