*SMC* Smart Money Concepts
I took a a look at this with multiple time
frames. And I'll give you my break down.
First, Within the current wave, ranging from
$61,217 to $62,403 There are equal lows
which represent liquidity near $61,685.69. I believe price should brewk those lows to dip into the liquidity pool. (realeasing buy limits and sell stops into the market). It'll probably o a dance below that rea making people
think that it is going to fall further.
However, the 1 hour +OB Shows signs up
bullishness which I don't beleive is should
cross the median of the 1 hour +OB which is
also the 70.5 fib level. See below