All of my Posts here on X are for educational purposes only. This is not financial advice and Tim Heus is not liable for the outcomes of your investments or trades. Make sure u understand the risks involved in trading and investing by consulting a professional.
#XAG / Silver
A very nice range we're working with here.
Currently at the VAL of the HTF range. Watching the LTF range for accumulation schematic confirmations.
For the HTF accumulation schematic, I'm watching the 3'd Wyckoff tap POI for long confirmations.
Daily $BTC Update.
Liquidity is building on both sides of the range.
For now, the range low looks more vulnerable.
Watch for Wyckoff long confirmations if taken.
Daily $BTC update ✍️
Asia was very active this night, delivering a Wyckoff distribution, going over into an accumulation schematic.
The accumulation schematic at 6.30am my time, would've provided a 3RR entry opportunity towards the range high.
Resistance levels above are mapped out.
Set alerts, and have a great day.
Don't take a trade if you don't know the context.
In the discord, I said:
“ $FARTCOIN is building up for a textbook short opportunity. ”
But why?
1. Exhaustion. While price was going up, volume was going down. The range got deviated, and it was only a matter of time before the Wyckoff schematic confirmed.
2. Price was approaching HTF structure supply, backed by the .705 fib level, combined with the end of the liquidity below it.
3. HTF bars pattern high.