BTCUSD currently formed an inside bearish candle and the daily ADL is moving horizontally (possible Distribution). The bullish scenario is to grab liquidity and continue the uptrend and the bearish scenario is to continue its decline toward the OB and balance multiple FVG blocks . If the daily close is outside the channel and below the 50% level then the price will have a higher probability to decline deeper but if the price touches the 50% level and grab liquidity and form an IFC candle then the up trend will have a higher probability to continue .
The Weekly/Daily/4H market structure are still in a strong uptrend
Good LUck
The Weekly/Daily/4H market structure are still in a strong uptrend
Good LUck
交易進行
possible channel retest 註釋
Sideway trading for the past 12 days. The 12 days candles were trading inside the bullish mother bar on Feb 3rd . Watch the high/low of this mother bar for breakout . BTCUSD market structure are still bullish on W,D,H4 and H1. higher probability to break up higher . Good LUck註釋
channel and 50% level retest. lets see what happens 註釋
possible 83081 and if broken next will be 79447 and last support at 75813
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