Bitcoin is playing tricks on me
Despite the bullish structure of the 4-hour structure, the liquidity of the High and the Low of this 4-hour range was swept!
After clearing the liquidity of the High, the internal structure became bearish again.
There were many sell orders in that range, so we can try to sell again when the price returns to that range, but don't forget that:
We must confirm the entry into that range from a lower timeframe (LTF) like M15.
On the other hand, the Federal Reserve meeting tomorrow will also have a strong impact on the market.
So if I personally want to have a trade, I will not do anything before this meeting and Jerome Powell's speech because there can be severe and unpredictable fluctuations.
Of course, if you trade on the news, it can be interesting for you!
Regards ❤️
After clearing the liquidity of the High, the internal structure became bearish again.
There were many sell orders in that range, so we can try to sell again when the price returns to that range, but don't forget that:
We must confirm the entry into that range from a lower timeframe (LTF) like M15.
On the other hand, the Federal Reserve meeting tomorrow will also have a strong impact on the market.
So if I personally want to have a trade, I will not do anything before this meeting and Jerome Powell's speech because there can be severe and unpredictable fluctuations.
Of course, if you trade on the news, it can be interesting for you!
Regards ❤️
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