LONG BTC near liquidity pool

I would imagine the pros would need a large of amount of liquidity to get their orders filled, and the obvious level seems to be a sweep of the neckline into low 33ks.

註釋

Bids got filled at $33,355, $33,155 & $33,055.

Was hoping for more of a bounce but looks like price is rotating around 33.2k and there's a lack of aggressive buyers. Got out at $33,275 and will monitor for further downside.

註釋

I think my execution of this trade was pretty good. My thesis was that price heads towards pools of liquidity. Bids got filled but my management of the trade was poor. I was monitoring it since 7am in the morning, it chopped around that nPOC for most of the day actually. I cut the trade pretty early a little bit better than breakeven.

I think that is fine though. The short squeeze at the end of the day into 34.9k, I would say, was a low probability scenario and waiting on that to happen would be too risky.

註釋

Market profile looks very blocky, pretty indecisive day. This is what you call a neutral day. Buyers and sellers trade within a range with a pretty even distribution. Interesting to monitor where price takes off from here. Considering price towards EOD is at VAH, we could see some upside into the evening.