Blur looks like it can fall (check BLUR/BTC chart).
Buying Climax + Secondary Test. We can now fall back to Preliminary Support/Imbalances below.
One thing is however the 4 hour could push this up further. Let's see.
Buying Climax + Secondary Test. We can now fall back to Preliminary Support/Imbalances below.
One thing is however the 4 hour could push this up further. Let's see.
Trade closed: target reached
TP1 and TP2 hitNote
See here how our example shows a Clear Buying Climax and lower volume Secondary Test can be the top: Note
Forgot to mention it's common for there to be a 3rd high Liquidity Grab (LG) after the Secondary Test - so always account for this! It almost got me this time as you can see.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.