I am expecting to see a continuation to the upside in this consolidation pattern.
First, I am expecting market manipulation run on the lows to take out
liquidity and high leveraged orders.
The daily TF is in a technical bearish scenario in the short term.
The overall market fundamentally is very bullish, hence I am taking bullish setups after the retest of the $47k level.
First, I am expecting market manipulation run on the lows to take out
liquidity and high leveraged orders.
The daily TF is in a technical bearish scenario in the short term.
The overall market fundamentally is very bullish, hence I am taking bullish setups after the retest of the $47k level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.