We all know how bearish knc had been until 10 days ago where it tapped its lowest bullish momentum levels, and is now carrying a bullish momentum with itself. I am noticing a Break of structure to the upside continously and decided to trade one of the levels. Basically were trying to play a 4h bullish leg which had caused that break of swing structure, we later...
Btc respecting demand levels, made the intial bos, if we go down its essentially making a lower low and it obviously doesn't want that and rather take out equal highs as liquidity and tap in a supply point longed @29250 stop @29690 take profit @31000
Bearish 4h swing leg mondays high raid around supply level current demand building liquidity building up to run, npoc at 28600
We longed from a demand level knowing that it had provided a newer high, We longed here because it came in the demand level after taking out mondays low which is a good sign , now that mondays low is gone we can expect mondays high to be taken this week as well.