$BTC - planned for another sweep, planned for acceptance
1D - we have backtest the previous LH on this close which is pretty bullish
Aslong as price doesn't close back beneath you would expect continuation
But price is yet to close through the daily resistance's highlighted - 40.5/40.6K
Any strong 12H close through here, maybe even 4H close and then the play is long the retest/OTE into 45K - daily SR
However it is possible we are still in the 32-38, 30-40K range
We have SFP'd the other LH and are stalling here
If we loose the LH shown would look to short retests of it, the low of Monday, and the weekly open
I would expect price to drop quickly through stop losses, fill imbalances and maybe target the liquidity highlighted
Would take partials at demand/SR on the way down and final TP that sellside liquidity.
Would close shorts if mondays low got reclaimed with candle bodies
Aslong as price doesn't close back beneath you would expect continuation
But price is yet to close through the daily resistance's highlighted - 40.5/40.6K
Any strong 12H close through here, maybe even 4H close and then the play is long the retest/OTE into 45K - daily SR
However it is possible we are still in the 32-38, 30-40K range
We have SFP'd the other LH and are stalling here
If we loose the LH shown would look to short retests of it, the low of Monday, and the weekly open
I would expect price to drop quickly through stop losses, fill imbalances and maybe target the liquidity highlighted
Would take partials at demand/SR on the way down and final TP that sellside liquidity.
Would close shorts if mondays low got reclaimed with candle bodies