BTC daily structure view
2024-10-17

BTC trading in HL and LL as of now and if no HH are created then either going more down or will keep ranging in this channel.

As a reminder, the following are the rules when it comes to external swing structure:

Bullish External Structure = higher lows leading to higher highs

Bearish External Structure = lower highs leading to lower lows

Internal Structure = no new highs or new lows, not relevant for determining structural bias
