$BTC Price is breaking down after the FOMC,
We still have un-swept levels remaining below so it's very likely that they are gonna be hunted very soon.
I will be looking for swing longs from the zone below (after the liquidity hunt),
And will target 65k as my first TP for the longs,
For max, I think we are gonna go to 67-68k, filling the mFVG there and then rejecting from there towards lower levels again.
For the time window, We should be dropping from Monday hunting the liquidity levels below into our Long zone,
Then slowly move move/grind upwards and fill the mFVG in the first 2 weeks of August and form the High for the range there.
Overall, I think August is gonna close Red following our Green July thesis.
We still have un-swept levels remaining below so it's very likely that they are gonna be hunted very soon.
I will be looking for swing longs from the zone below (after the liquidity hunt),
And will target 65k as my first TP for the longs,
For max, I think we are gonna go to 67-68k, filling the mFVG there and then rejecting from there towards lower levels again.
For the time window, We should be dropping from Monday hunting the liquidity levels below into our Long zone,
Then slowly move move/grind upwards and fill the mFVG in the first 2 weeks of August and form the High for the range there.
Overall, I think August is gonna close Red following our Green July thesis.