BTC/USD Institutional Order Block
On Monday we traded into an imbalance area at $39922.21 and we filled in a H4 Institutional Order Block coming in at $39301.25
Note this is a short term swing.
Target 1 $41118.52
Target 2 $42117.25
Target 3 $42723.74
Stop $38576.07
Note this is a short term swing.
Target 1 $41118.52
Target 2 $42117.25
Target 3 $42723.74
Stop $38576.07
Note
Target 1 at $41118.52 was hit, exited 50% of my positions. Moved Stop loss to breakeven, and now price has returned to our entry point and took us out at breakeven on the rest of our positions. We may see a continuation to the downside. Bears are still in control.
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