Today as 1.3.2022 #BTC top - down analysis.👇
📝The whole PA reacted as we expected from the last analysis.
We are still in discount time.💰
Detailed in thread.🧵
📝The whole PA reacted as we expected from the last analysis.
We are still in discount time.💰
Detailed in thread.🧵
⭕️Weekly chart⭕️
My opinion:
🔸 No major Break of Structure nor Change of character on downside of market.
🔸 Beautiful mitigated orderblock + mitigated first CHoCH
🔸 We will definelty observe PA.
🐂
My opinion:
🔸 No major Break of Structure nor Change of character on downside of market.
🔸 Beautiful mitigated orderblock + mitigated first CHoCH
🔸 We will definelty observe PA.
🐂
⭕️Daily chart⭕️
It look's much cleaner.
🔸I want to see that Break of critical point.
🔸That would tell us to continue the bullish tour.
🔸 Entering long's only on retracement.
🐂
It look's much cleaner.
🔸I want to see that Break of critical point.
🔸That would tell us to continue the bullish tour.
🔸 Entering long's only on retracement.
🐂
⭕️4h chart⭕️
After every expansion, consolidation must come.
🔸 We can see some retracement and take counter- trend short. But is ultra high risk.
🔸 Not enough strong confluences for shorting. Low probability.
Waiting and observing.🎯
After every expansion, consolidation must come.
🔸 We can see some retracement and take counter- trend short. But is ultra high risk.
🔸 Not enough strong confluences for shorting. Low probability.
Waiting and observing.🎯
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