$BTC - Technical Analysis


Monthly
P tagged 0.5 monthly FVG again then closed above it. Looking for P to trade higher. Noting that P has consolidated for so long. Large expansion is coming. Also pay attention to this week NFP. It will either create the H or L of the month.

Looking at the buyside makes me think about P reaching there, I really don't want to see P dancing about that area if it wants to trade much higher.


Weekly
Last candle closed above old H. Looking for P to higher higher. Noting that potential SFP is forming. Nothing changes until this weekly candle close.



Daily
SFP is formed and P close below daily -OB with a pool of sellsides right below. Looking for P to trade lower.



H1
Looking for P to sweep buyside above 0.5 to look for short. Or base on intraday PA to look for setup.

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