BTC Weekly analysis and sell/Buy scenarios....BTC moved as per our plan throughout last week more than 13K points so far, and still in down trend. Price is continuously creating BOSs and moving toward our target of 90K. Meanwhile during sniper delivery, it has created some pull back zones, which can be tested before reaching to our target. So we have few possible multi RnR trades scenarios before seeing possible reversal.
1. Sniper deliver is already done and price is pulling back slowly.
2. We may see possible pullback sell trade opportunity around 100K and 103.5k levels.
3. RSI is also showing sell side pressure, giving another confluence.
4. Most probably price will take liquidity of FVG/RDRB level and create MSS/CISD/TS/iFVG in LTF.
5. Price should show rejection/reversal in respective LTF (5m/15m) at FVG zone.
6. 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 ~7R trade scenario.
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Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) and check with your financial advisor before making any trading decisions.
