Bitcoin 97k??(USD gaining strength)Good day traders, I’m back again with this beauty of a setup on BTCUSD, first things first on the daily TF price created a balanced price confirming our Thursday’s high as the high of the week.
On the 4H TF and this is where my focus is at, on the chart you can clearly see the levels that I would like to see price reaching to. The first one is my 4 hour FVG that I would like to see price leave open because of the second rectangle(1H BPR), to see how I came about this hourly balanced price range, you can just jump to the hourly and try to see how I got to that BPR for educational reward.
On the hourly if we take a closer look, we see that the 4H FVG and the 1 hour FVG are on top of each other again that’s a confirmation to consider. Back on this TF what I’m expecting to see is price try and fail getting to that 4H FVG and than shoot lower to our relative lows.
