$BTC
Price has been chopping into this range from a while now,
And naturally we have been building liquidity on the both sides of this range,
+ We have our first reversal pivot of the month approaching soon alongside FOMC (16th Sep).
Considering this, I have 2 zones marked up for high probability swing positions.
First one is the upside stacked liquidity but there's a condition to this which is that price has to leave the lows un-swept again,
Only then will this zone be valid for a swing short setup.
Now the next zone is the downside stacked liquidity, which was being engineered from 2-3 weeks now.
So if price takes it out now, I will build a major swing long targeting the next balance level, which I am expecting to be around 90-95k.
We are still in the middle of the range, So taking any swing around here doesn't make sense and I won't take a major position until we hit one of our AOIs.
Price has been chopping into this range from a while now,
And naturally we have been building liquidity on the both sides of this range,
+ We have our first reversal pivot of the month approaching soon alongside FOMC (16th Sep).
Considering this, I have 2 zones marked up for high probability swing positions.
First one is the upside stacked liquidity but there's a condition to this which is that price has to leave the lows un-swept again,
Only then will this zone be valid for a swing short setup.
Now the next zone is the downside stacked liquidity, which was being engineered from 2-3 weeks now.
So if price takes it out now, I will build a major swing long targeting the next balance level, which I am expecting to be around 90-95k.
We are still in the middle of the range, So taking any swing around here doesn't make sense and I won't take a major position until we hit one of our AOIs.