BTC LIQUIDITY HUNT
Before we proceed, you can check out my analysis on BYBIT:ONDOUSDT.P.
Alright, first let's refresh our minds that we are only counter trading for now, as we are still overall bearish. Either ways we are look to raid areas liquidities and inefficiencies. In the chart you can see I have identified my dealing range high and low of I used to identify my PD zones. You will prolly be wondering why I ignored the first and second areas of inefficiencies despite showing strong bullish reflections, but in the rule of things these levels appear within the premium zone which are not good areas to buy (we could make use of it to scalp if we have a IFVG lol). So we hunt for the next PD array which is the fair value gap close to the bullish order block and we seek to take profit at the point of the 4H -OB+SIBI level, but a tp level before that is the Buyside liquidity.
P.S You could wait for price to respect the CE for entry.
LEAVE A FOLLOW!
Alright, first let's refresh our minds that we are only counter trading for now, as we are still overall bearish. Either ways we are look to raid areas liquidities and inefficiencies. In the chart you can see I have identified my dealing range high and low of I used to identify my PD zones. You will prolly be wondering why I ignored the first and second areas of inefficiencies despite showing strong bullish reflections, but in the rule of things these levels appear within the premium zone which are not good areas to buy (we could make use of it to scalp if we have a IFVG lol). So we hunt for the next PD array which is the fair value gap close to the bullish order block and we seek to take profit at the point of the 4H -OB+SIBI level, but a tp level before that is the Buyside liquidity.
P.S You could wait for price to respect the CE for entry.
LEAVE A FOLLOW!
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