$BTC Profile Update
The market opened close to the previous day’s value area high. During the first few periods, it one timeframed lower down to the 4/05 week range high, which is an important reference.
From F period, the market began one timeframing higher and formed a poor low. The current high has excess.
Short term sellers are still very active in the market, so from the open I’m expecting a rotational day that offers good risk-reward if positioned well.
I'm keeping an eyes on the previous day low
The market opened close to the previous day’s value area high. During the first few periods, it one timeframed lower down to the 4/05 week range high, which is an important reference.
From F period, the market began one timeframing higher and formed a poor low. The current high has excess.
Short term sellers are still very active in the market, so from the open I’m expecting a rotational day that offers good risk-reward if positioned well.
I'm keeping an eyes on the previous day low
