Technical Analyst โข Order Flow & Market Profile โข
Breaking down auctions & execution โข Always improving โข Views are my own. Not financial advice.
$BTC ๐
A key "zone of interest" is coming into play ๐
Missed the short near the highs? This area could be worth watching...
๐ ~85K USD lines up with the mini-range VAH, the high-anchored VWAP, and a clear support/resistance zone. Price also failed to hold above value on friday, leaving lot's late longs trapped.
As always, wait for a clean test of the zone and OrderFlow confirmation: buying pressure with intent pushing into the level but getting no result/getting absorbed by passive sellers (trapped buyers).
Be especially cautious with a weekend move!
$BTC ๐
Runner is still running... Iโm holding the open size as a swing targeting a pot. sweep of those structurally poor lows we discussed previously (lot's of untested liquidity building below).
What started as an intraday trade given a fakeout of the daily session VAH (80% closed at target) is now transitioning into a swing.
Full reasoning, setup breakdown, and OrderFlow were covered in advance and live here and in the open Discord for educational purposes.
If we sweep those lows, I would shift my focus to the prior Fair Value around 81K - that becomes a prime zone where I'll be watching for new swing long setups (should OrderFlow confirm the idea).
Have a fantastic weekend! Time to secure your positions, rest up and enjoy the time off. ๐งก