BTC weekly model60-70% like QM shadow. as per liq area. mybe or not have liq grap will determine the direction of the second POI. my trget that btc should not close weekly below 18k fo the model to work. but fakeout likely or maybe until 14-16k(not sure about it). my target if this a retracement should trget the left shoulder high max. could be fakeout until 60k
Qmr
Two scenario for TSLA (tsla)hello guys
In upper time frame tesla has a compression on left of chart It is neither broken nor engulfed, so this makes the stock more bullish, this QM that formed on gray area occurred on last zone of that compression.
Now price is on a hidden gap area (master candle or long bar candle make it) commonly this area breaks up (because price reacted before). For breaking up this level firstly price should gather some order or stoploss. I have two scenarios:
Scenario1:
Price reaches to first liquidity pool to takes some Liquidity and then will start upward movement until touch MPL area (this area is great because correspond with bearish trendline)
Scenario2:
Price reaches to second liquidity pool and gap that price made before to takes some Liquidity (this area is so fresh that make it more important) and then will start upward movement until touch MPL area (this area is great because correspond with bearish trendline)
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