BTC currently sits under key resistance near the OB (Order Block) zone. After a short-term CHoCH, price is expected to seek liquidity below Day Low and into the marked POI zone.
Here's the potential setup:
🔻 Price may dip below intraday support to clear weak lows
🔄 From POI zone, bullish reversal expected with targets at upper OB
🔹 Bearish Bias remains valid unless structure breaks cleanly above Day High
📌 Ideal trade path: liquidity sweep → reaction from POI → push to Day High or OB
High probability reversal setup forming for short-term bullish play if POI holds. Monitoring price action closely for confirmation triggers.
Here's the potential setup:
🔻 Price may dip below intraday support to clear weak lows
🔄 From POI zone, bullish reversal expected with targets at upper OB
🔹 Bearish Bias remains valid unless structure breaks cleanly above Day High
📌 Ideal trade path: liquidity sweep → reaction from POI → push to Day High or OB
High probability reversal setup forming for short-term bullish play if POI holds. Monitoring price action closely for confirmation triggers.
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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.