lookaround
232 posts


$BTC | Monthly Outlook.📊
*Price continues to trade inside the monthly FVG, while also positioning itself at a significant resistance zone from a S/R perspective.
*I’ve highlighted the potential targets on the chart should we see a monthly close below this area.
-The Market Maker Sell Model still appears incomplete.
After such a major liquidity event, consolidation remains the highest-probability scenario.

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Let's keep it simple.
As long as $BTC trades below 79.1K, we are bearish & in a corrective phase.
The hedge long I took simply represents a scalp to protect my swing short. The market rarely goes down in a straight line, so bounces can be played if timed correctly.
Either way, the structure is looking more corrective & I still think 74K is coming soon. Invalidation of this thesis would be BTC breaking back above 81K.

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