STATUS:
Market Structure: BULLISH
Weekly: Reclaimed range low
Daily: Reclaimed range low and formed a bullish MS.
Entry: 12H block that led to MSB
Exit: Range high
Invalidation: Watch Weekly Close and and set a stop below the daily
STATUS:
Market Structure: Bullish if we close this week above weekly level
Weekly: Swept weekly demand and about to break weekly resistance.
Daily: Reclaimed range low
Entry: Retest 12H supply after reclaiming swing high
Exit: Weekly level
Invalidation: Below weekly level and under 12H supply with a 60m stop timeout or close the weekly below the level.
Bears slaughtered in up only mode until $55K, Bulls takes a break prices goes down towards $52 then continues it's way up until $64k then another one break before $86K
Assuming we close the week breaking Weekly
Level towards 3 Day Demand Area.
3 Day Support traders will hob in pushing price to First Trouble Area
Then the sellers well step in as we broke weekly level to send the market to a lower low
Historically when Golden/Death cross happens on the daily, they tend to cause a reversal PA for an average of 15%, moreover SFP on the hourly and 12H appeared
