THIS SHARP MOVE TO THE DOWNSIDE TO TAKE OUT THE EQUAL LOWS AND MITIGATE ORDERS COULD BE THE DEATH MOVE TO RETAIL BUYS AS THEY SEE THIS AS A OPPORTUNITY TO GO LONG DUE TO PRICE HOLDING AT THIS LEVEL. WE SHALL SEE
THIS WEEK ANALSIS FOR THE BEARISH MOVE TO 34K LOOKS PRETTY PROMISING LOOKING AT THIS SHORT SET UP. TEXT BOOK ORDER BLOCK SETUP TO SHORT TO THE DOWNSIDE WHERE WE MITIGATE THE OLD ORDER BLOCK LOW ON 4HR TF
IM GOING TO SIT BACK THIS WEEK END AND WAIT FOR THIS TO HAPPEN AND HIT IT HARD FOR THE BIG SHORT TO 34K I LOVE THIS ANALYSIS ...
YESTERDAYS INTRADAY PLAY WENT QUIET AS EXPECTED AND THIS IS THE FOLLOW UP. I WAS EXPECTING A BIGGER PULLBACK INTO YESERDAYS RANGE BUT NOTICE HOW PRICE JUST CREATED THIS ORDER BLOCK AT THE DEMAND ZONE MENTIONED YESTERDAY AT 37500. NOW THAT WE HAVE ARRIVED THERE PRICE IS READY TO MOVE FUTHER DOWN INTO THE 36K ORDER BLOCK MENTIONED IN EARLIER POST. THIS MUST MEANS...
I COULD DRAW ALL TYPES OF RETAIL LOGIC ON THE CHART RIGHT NOW TO SAY GO LONG BUT SMART MONEY SAYS SHORT WITH BANKS. LOSER LOOK INTO THE SELL OFF FOLLOW UP FROM LAST POST
So if you look at this chart you can see how most traders are in a panic as price faked out buyers at 41k and broke structure back into the weekly range. because this happened alone i am confident we will tap into 34k . i also have annotations on my chart for more clues to this. most traders right now are in a frenzy to find any reason to go long and the sellers...
Yesterday’s forecast to make that daily low into the demand zone at 37500 I’m looking for the push up back near the weekly opening which is where this supply zone is nesting
I SEE BTC TAPPING DOWN TO CREAT THE DAILY LOW AND A NICE RALLY BACK INTO 40K TO MITIGATE THIS OB IVE MARKED. KEEP A STEADY EYE AT 40600 IF THIS HAPPENS
so on my last post i showed a short idea and price fell down to the imbalance level i showed. we have some more filling to do before the retest at the monthly high. this is where my vision is with btc a nice push back into the monthly low to grab more orders at the order block and if we break out then down to 24k we go
I am looking for btc to enter back into the 36-34k region to retest unmitigated order blocks and fill in some imbalances.
Looking for a push and thru at 1846 to take shorts. Nice pin bar clue to the left that’s giving me the signal along with the bearish movement from this morning.