$BTC Market profile update.

The market opened within range and outside the previous day value area low. the market found acceptance below 3 day profile comp low (may 13-15). and from what i noticed yesterdays low took out Tuesday to Thursdays excess lows.

yesterday, the market got too short and brought in buyers, formed an excess at the low and found acceptance below May 13-15 tpo comp profile. currently the market is trading below the opening initial balance.

looking below, the profile from Tuesday to Thursday was repaired. the early evening rally high after the huge dump serves as my important point of interest. using the concept of rally high, the current market active remains unchanged after the rally high.

key trade areas: upside key area
1. today's high
2. previous day late rally high/single prints slightly above the rally high
3. 3 day Low profile comp(May 13-15)

downside key area
1. previous day late breaks after the late rally high.
2. previous day low(really doubt if the market is going to reach the price level.

I've made much emphasis on May 13- 15 tpo profile comp. if you want to know why read my pinned article.

$BTC