BTC Short (fvg + premium + OB + OTE)

9 ott 2022

First, it was determined that BTC was bearish through overall market structure. Then dropping down to the 4H the high and low of the range was identified. Fib drawn from high to low to indicate sell-side. Price made equal high at equilibrium. Above a very strong set equal highs lie a fair value gap. Inside the fvg also coincides the OTE levels of fib. Concluding this is a very high probability setup.