More down for Bitcoin
2024-12-28
Category: None

Hi traders,

Last week Bitcoin retested the Daily FVG and finished a (Flat) correction pattern up after sweeping the previous highs (orange B-wave). After that it rejected and went lower.

Now we could see another move down to finish the bigger (orange) A-B-C correction down.

Let's see what the market does and react.

Trade idea: Wait for a change in orderflow to bearish and trade shorts into the lower Weekly FVG.

If you want to learn more about trading ICT concepts with wave analysis, please make sure to follow me, give a boost or respectful comment.

This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide trade signals.

Don't be emotional, just trade!

Eduwave