BTC price direction is dependent on if we break the $60k level, retrace and hold; if this scenario plays out, then we long into the FVG area and Supply zone around $64k. However, if we break through the $60k level, grab the liquidity and fail to hold.. Then the next reasonable direction will breaking the .1 on the fib to tap into the buy stop liquidity below the range low. This 2hour range is playing in between Weekly zones; therefore strong confluence areas. Last scenario is, we do not break the $60k level at all, which in that case I will be expecting a deeper retracement into the range low.
Yorum:
Perfectly done.