Look at how our strategy worked on BTC/USD. Check the image; I have already mentioned all of this. BTC/USD filled the imbalance unbelievably and created a new imbalance.
Current Market Structure
Now, check the structure that I outlined. If the market follows the structure I have created, you can understand what the market is doing. If the market doesn't retest and instead makes a big candle, breaking through the area of 67k to 68k and reaching 69,809, then retesting the area of 68,403, we need to find our entry requirements and execute the trade accordingly.
Anticipated Market Movements
However, I anticipate that the market will test the area of 64,833 to 65,412 before reaching the maximum level where BTC/USD currently stands. It's crucial to remember and adhere to our entry requirements.
Detailed Explanation
Our BTC/USD strategy has shown remarkable accuracy Then we did this analysis on the market, BTC/USD in which a conclusion was reached that it filled an old imbalance and created a new one. It signals a significant change in market dynamics and gives us some hint of where price might be headed.
Market Structure: In terms of the structure, I have defined in advance, unless there is a mass candle movement upwards which will break 67k area on side to another then end up around 69.809 price zone we start retesting back from this level into previous trusted-level at 68.403 rally or so after mentioned ceiling-breakout happening previously! We need the market to develop into this scenario and then we have smaller rules for entry whenever these situations do materialize.
Support is coming at 64,200 / Expected Trend are for the market to test area of : (64833 - 65412) This area is potentially very important in terms of setting the stage for where this market head next. A subsequent decline in this region could solidify our trade setup should BTC/USD test the same and move as we expect.
Market Structure: grasp and follow the market structure When the market breaks important levels without a retest, it is an indicator of continuation.
Entry Criteria: Remember to adhere strictly to our entry criteria. A disciplined approach such as this maximizes the probability of trades and minimizes risks.
Expected Ranges: Watch for test the pivotal levels of 64,833 to 65,412 These areas will be like breadcrumbs on the trail to what happens next in the market.
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