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Joined Apr 29, 2021
beyondta
chartpattern
ictstudent
trendanalysis
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In this post I outline a potential trade scenario, this is not a signal, rather a forward test, utilizing the knowledge aquire by ICT. Potential Entry and Potential SL are outlines, as well as first profit. Similar idea applies to BTC and even futures markets.
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Bitcoin Rejects off the 70% (OTE Level) which is a premium end of the spectrum. This occurs after a purge on buy-side liquidity, Then it targets sell-side liquidity, which aligns with the premium to discount PD arrays.
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Bitcoin keeps moving lower after reaching OTE levels. Once reaching premium price. It proceeds lower. With sell side liquidity in mind it simply needs to draw to it and recently it has.
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