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JDK Analysis ๐Ÿ‡ช๐Ÿ‡บ
@The_JDK99
Technical Analyst โ€ข Order Flow & Market Profile โ€ข Breaking down auctions & execution โ€ข Always improving โ€ข Views are my own. Not financial advice.
๊ฐ€์ž… May 2020
470 ํŒ”๋กœ์ž‰ ์ค‘    20.9K ํŒฌ
$BTC ๐Ÿ“ˆ A key "zone of interest" is coming into play ๐Ÿ‘€ Missed the short near the highs? This area could be worth watching... ๐Ÿ‘‰ ~85K USD lines up with the mini-range VAH, the high-anchored VWAP, and a clear support/resistance zone. Price also failed to hold above value on friday, leaving lot's late longs trapped. As always, wait for a clean test of the zone and OrderFlow confirmation: buying pressure with intent pushing into the level but getting no result/getting absorbed by passive sellers (trapped buyers). Be especially cautious with a weekend move!
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$BTC ๐Ÿ“ˆ Runner is still running... Iโ€™m 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. ๐Ÿงก
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