TradingView
DJC
Jan 30, 2016 10:43 PM

ICT & Bitcoin - January Analysis Long

Bitcoin / U.S. dollarBitstamp

Description

Macro View:
Weekly. We just came off a bearish weekly Order Block.
Expect major downside from this level.
However, Macro we are in bullish structure with nice OBs below.

Daily View:
Market Structure has changed, after hitting weekly OB.
However, Breakers show signs of being powerful still.

Nice setups:
Look for pullbacks long, to reload before smashing
down further for more short opportunities. (Breaker above us).
Liquidity now resides below the breakers below us.

Worst case options:
The weekly OB above is clearly being respected.
Do not try to long into that block.
Instead look for longs from the OB below.
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