$BTC: Potential long trade from confluence area - m5.reql + m5.ob + pd.eq. Asia has dumped from the 1/30 daily open. I believe we will see the daily low in this POI region.
$BTC No impulsive bearish MSB yet. We have broken out of this conso range. Expecting some volatility with US Adv. GDP @ 8:30am EST. Hoping limit order gets tapped in deep discount area. Confluence (H1.+OB, m15.Demand, m15.conso.poc)
$BTC No impulsive bearish MSB yet. We have broken out of this conso range. Expecting some volatility with US Adv. GDP @ 8:30am EST. Hoping limit order gets tapped in deep discount area. Confluence (H1.+OB, m15.Demand, m15.conso.poc)
2) $BTC deviates above the range into the daily -OB and rejects back into the range. If this happens, I'll look for a short targeting the discount of the range, potentially the 16.2k SSL. Because last week’s pump was on lower volume, I believe this is more likely to happen.
:( Took an L on this one. Forgot we are in the middle of this bigger range. Not re-entering any new trades yet. Will look for more convincing PA higher up in the premium of the range.