Yo guys, I have attached the link for today’s masterclass session which is now available on the website…
https://tradersreality.com/back-to-basics/
I will be removing the post in the patreon in the next 48 hours as I would have probably updated you guys several times and it would get lost.
The chart above is preparing structure…
I have marked key zones in the chart of importance that we need to pay attention to.
Are they building positions in preparation for a move higher?
See now that we have more information about this move, we can make the assumption that if bitcoin does break down lower, the “Areas of Importance” will show their worth as these were points in the chart that the Market Maker had moved aggressively towards and away from by means of trapping traders.
BTC has hit its range daily low and achieved an ADR move to the downside…
Range Weekly Low Is the absolute support that we can anticipate interest to come in from.
This structure is on the idea that bitcoin continues lower up until fomc and then reacts to the news during fomc…
If this current violet candle on the 4 hr stays violet…Then it could be a sign that things are starting to slow down and the MM has achieved the range for price for them to start releasing their positions to move back up.
Let’s see what happens…
Remember…Wait till the news is released.
Mad Love
T
