After reviewing the monthly chart, I made an observation: Bitcoin has indeed filled the monthly fair value gap (FVG), which explains the recent deceleration in momentum. Now, it remains to be seen whether we will experience a breakthrough or a retracement to our monthly discount zone. Coincidentally, within the discount zone, I've identified a monthly Balanced...
Our targets for this week have been reached. Price tapped into 50% of the marked range. I would like to see it travel to the shown imbalance as well as that's a likely target too!
Happy trading!!
Hello Team,
Critical Moment for the S&P sitting near the current resistance level. If the price breaks out of the resistance level this 4th wave in invalid. Follow the trend to the downside.
Enjoy.
