Bounced as predicted but Weekly OB is still rejecting price, 4h close is looking very nice. no idea if we can break above that early in the week instead of this range during few days as pullback before 70k. Position is safe from 60k. I'll update this
Lets see how it react, either higher range or this is the only pullback we're have before higher prices
update on my HTF idea, still not in, waiting for a real pullback monitoring this 4h candle closely
The idea is that stop-loss are below these wicks meaning liquidity to shift LTF momentum also gaps / order blocks below which mean an imbalance between buyers and sellers. When it happen price should close above inside the previous blue OB (625xx) to validate my price action theory.
Waiting to see how price react in this gap, if it wicks and buyers show up then I'll open long >>
This entire move is holding above prev ATH It's super bullish for a new ATH and above It will dip and swip below 40k at some point in the future but for now, the structure is super bullish in many HTF
We will close the 3 months candle green, Deceleration since early 2022 but still no reversal Even though the HTF candles are still heavy & we just started a new down leg I think the bottom is in or close to it
Big lq been swept from my last idea - PPI correlated with s&p dropped bigger than expected Good rejection bellow, inside fvg/hva/daily OB Don't see any reason to come back down for more stop hunts, price has been rebalanced already Althought now it might be a slow uptrend
LQ sweep BSLQ to SSLQ before continuation on the up trend Typical Stophunts
similar pattern yesterday & monday (ar to london) London stay above AR high before continuing the trend
bellow OB inside FVG liquidity pool poi for sellers nice pool bellow
details on the chart, Enter long at 50% retracement on asian range after price ran throught SSL into 5mn fvg reaction Expecting a decent bounce before getting back into the bearish trend
2nd entry on my previous idea on ETH entry - 1313, still targeting the lows, if it ranges from here i will revaluate for a clean exit
eye watching reaction into these zones will update for entries
Watching for entry next month, decisive monthly close imo
Based on wyckoff acumulation model, waiting FOMC it could well be big buys on that zone before news