BTC forming wonderful scenario

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BTC is forming good scenarios for bullish and subsequently bearish trade. It has created ABC pattern and retracing back to bullish FVG. We need to wait for price getting into right zones. We may also see a sell side trade once reaches to bearish FVG.
1. Currently price has broken ABC pattern neckline and retracing towards 1h FVG.
2. We may also see a sell side trade once price tap into bearish FVG and shows reversal pattern.
3. Most probably price will take liquidity of FVG and create MSS/CISD/TS/iFVG in LTF.
4. Price should show rejection/reversal in LTF (5m,1m) at FVG zone.
5. Take the trade only once clear entry model i.e. turtle soup. iFVG break, CDS or MSS happens on LTF

All these combinations are signalling a high probability and ~4R trade scenario.

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Disclaimer – This analysis is just for education purpose not any trading suggestion. Please take the trade at your own risk and with the discussion with your financial advisor.

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