I see us either taking out the high and then dumping hard into the bulltards or a fast move above the high, keeping the price there with at most a quick not even full retest of 60k before going up
Price reacting of touching range low monthly support @ 130, thesis is that even if it holds we will revisit it and spend more time there. Weekly timeframe price is at resistance. Daily price rolled over range low and the entry would be on bearish retest of that level. target is sweeping the low @ 131, and more into monthly support acording to initial thesis.
4h idea imagine last move as deviation now price makes equal low/hl and then on higher high entre on s/r flip stop according to how price gets there
idea for market how to playout macro 1w take out 10k, go back to 6.4k and recover quick (maybe aim for 1 red weekly candle) then bull market confirmation
break in ms, higher high retest of range low after deviation
long alligned with last idea short playing on breakdown
range, highs and lows are swept long range breakout retest?
macro thesis daily made swing low, deviation for few days under and is now doing round retest of original swing range low 3 trade ideas 1 - back into recent range as trigger 2- back into recent range as trigger 3- the low is in, long now targets: supply zone below swing low 1 swing low 1 swing low 2
s/r flip stop? acoording tio how price moves thru level.
lower high and lower low big structure short if get there
Bearish Bias: weekly ms break and weekly supply zone Trade Enter: fresh demand zone and possible liquidity pools trade complication: 3 swing highs in crescent, hard to place stop and hard to choose entry
s/r flip long stop depends on how price progresses from now
When ranges stop run hard like they have higher probability of breaking out the other way ? test this with time