BTC/USD 4H - This market has played out exactly as predicted from the Case Study video that we have filmed, we wanted to see price put in a correction trading us back up and into one of three Supply Zones.
Once price trades us up and into one of three I am expecting price to react from one, it wont be surprising if price absorbs some of the zones marked out but I am wanting to see price reject nicely from one of three.
Once we have the rejection we are looking for as well as a BOS to the downside, we have confirmation to start looking to take this market short down and into an area of Demand we seek valid before price starts its next bull run.
I have a few areas of Demand in mind that I feel price could react well from, we just as always need to wait for the right confirmation before we look to take part in any trades.
Ensure entry criteria has been met before you look to take part in this market. Have a great trading week everyone.
Once price trades us up and into one of three I am expecting price to react from one, it wont be surprising if price absorbs some of the zones marked out but I am wanting to see price reject nicely from one of three.
Once we have the rejection we are looking for as well as a BOS to the downside, we have confirmation to start looking to take this market short down and into an area of Demand we seek valid before price starts its next bull run.
I have a few areas of Demand in mind that I feel price could react well from, we just as always need to wait for the right confirmation before we look to take part in any trades.
Ensure entry criteria has been met before you look to take part in this market. Have a great trading week everyone.