BTC Update 20.12.2023 / Great POI for Longs!
h1 Chart:
Here we can see how the price is successfully moving in an ascending order floo, taking down SSL liquidity and covering all imbalance zones in Long.
Now after yesterday's pullback after momentum, having tested the 4-hour FVG zone, bitcoin has formed a local zone of interest in the form of a 1-hour imbalance and a target to deliver price upwards in the form of a liquidity pool behind the key high!
Today I expect a move to Long via pullback, if the 1h and 4h FVG zones do not hold the price, I was very careful with longs in the near term.
Non-financial advice, always respect the risks and watch the reaction in the zones of interest and only then make your entry into positions!
Here we can see how the price is successfully moving in an ascending order floo, taking down SSL liquidity and covering all imbalance zones in Long.
Now after yesterday's pullback after momentum, having tested the 4-hour FVG zone, bitcoin has formed a local zone of interest in the form of a 1-hour imbalance and a target to deliver price upwards in the form of a liquidity pool behind the key high!
Today I expect a move to Long via pullback, if the 1h and 4h FVG zones do not hold the price, I was very careful with longs in the near term.
Non-financial advice, always respect the risks and watch the reaction in the zones of interest and only then make your entry into positions!
Trade closed: target reached:
Great reaction after local SSL raid, +2,78RR
