Price look bearish in my eyes due it met weekly resistance with potential sfp on weekly time frame. There are alignment with weekly sfp on daily chart. Therefore i will be interesting to look into short positions from manipulation move i have highlighted following days. Shorts is valid for me till the price will take daily low (liquidity) out.
USD Average Hourly Earnings m/m USD Unemployment Rate Today many red news! Will look into short from the consolidation i have marked! Few confluences that make me to look into shorts is that weekly market structure remaining bearish + price filled weekly imbalance with confirmation on lower time frames. Just an idea for you and opportunity for me ))))
Waiting for pull back to daily breaker block to look for opportunities to enter position with good profit and loss.
I am just giving idea where the price will move. Not giving you entry here. First target is very obvious for into day position ))) Hope will catch continuation of this move my self.
Of cause crypto market is bullish and INJ is still looking good for long but not at current point in the way i see the market!!! Idea will be valid for me till daily low taken out. I would like to see another push back into original consolidation to look into position on LTF. I dont set targets for me here first of all because i will be managing position...
According to my strategy ! dont trade just check this out ! waiting for RTO ! limit is on!
waiting for RTO! there will be 1 more possibility to enter fro h1 but need to see how we close next our
I know not everyone understand price action for most people its way better to look at useless charts with trend lines butterfly patters. But watch this don't participate just watch how its fly. ))))
I would like to enter this position before daily high will be broken or swept. Limit is on so far!
SFP on Weekly ! Will be looking for intraday shorts on RTO!
Good reaction from weekly OB. Liquidity Raid into OB + MSB on weekly chart.
Firs scenario- We see that the price is currently sitting at the swing low 12h TF. Right now i would like to see sweep of that low to consider some long positions as the price is also in HTF Order Block. If price manage to sweep the lows we may see pull back to the Order Block above and potentially first target would be 1h/4h breaker blocks, how ever we have...
BTC has reached weekly imbalance 0.5. We can see that before the pull back which started from weekly Order Block price has left some nice equal lows. As our order flow is bearish i am expecting the price to sweep those lows before the reversal to bull cycle. So far i am monitoring LTF for the confirmation to see if price wants to react from weekly fair value gap...
So far on chart there as some possibilities that we can see the price pulling back little higher to fill up some inefficienties in price maybe test Order Block. The rest i have explain on chart. If you have any questions let me know :)
As BTC in down trend we must follow the trend :) Also Follow me for more ideas on BTC !
Waiting for a short set up to take off the liquidity that has been built
Will be looking price to come back to POI on HTF which are highlighted on graph to look for short continuation position