Hey Traders,
As you can see on the chart, price tapped into a major level around the $37,000 area, where we saw a weekly liquidity grab followed by a 4H change of character — leading to a strong push up to the $40,800 zone.
Now, we’re looking at two possible scenarios:
📌 Scenario 1:
Price pulls back to the $39,100 area and gives a solid 4H confirmation → Targeting the $41,000 zone.
📌 Scenario 2:
Price breaks below the $39,100 area and the trendline, then pulls back into the same level with confirmation → Targeting the $37,000 / $36,000 area.
⚠️ This is not financial advice — just sharing my view on the current setup.
Be safe, be happy, and have a great trading day.
– Mr. Wolf 🐺
As you can see on the chart, price tapped into a major level around the $37,000 area, where we saw a weekly liquidity grab followed by a 4H change of character — leading to a strong push up to the $40,800 zone.
Now, we’re looking at two possible scenarios:
📌 Scenario 1:
Price pulls back to the $39,100 area and gives a solid 4H confirmation → Targeting the $41,000 zone.
📌 Scenario 2:
Price breaks below the $39,100 area and the trendline, then pulls back into the same level with confirmation → Targeting the $37,000 / $36,000 area.
⚠️ This is not financial advice — just sharing my view on the current setup.
Be safe, be happy, and have a great trading day.
– Mr. Wolf 🐺
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.