Rome8490

Rome8490

Bitcoin's recent price action shows a failure to establish a higher high after an attempted liquidation. The price encountered significant resistance around the $82,000 zone, leading to multiple rejections at this potential support level. Subsequently, there was a decisive break below the $82,000 zone, leaving behind a Fair Value Gap (FVG) in its wake. Following...

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Rome8490 Updated 

Daily Range Identification: You establish the previous day's high and low as key levels. Liquidity Sweep: You observe price action for a "liquidity run," where price breaks either the previous day's high or low, indicating potential stop-loss hunting. Change of Character (ChoCh): Following the liquidity run, you look for a "change of character," signifying a...