📚 There will be 2 scenarios :
1st - Break below the pennant ,
This could be happen right here or after a retest on the pennant's high.
2nd - Break above the pennant and fill the FVG and CME ,
This scenario will be triggered when we reach the high in pennant's range !
So for now; As we holding the pennant we'll be safe and I'll looking for the potential LONGs in short-term on mid-cap ALTs...
🔴 If BTC get below the pennant , Then we might face a stop-hunt event below the lower 4H's demand.
Hope you enjoyed the content I created, You can support us with your likes and comments !
1st - Break below the pennant ,
This could be happen right here or after a retest on the pennant's high.
2nd - Break above the pennant and fill the FVG and CME ,
This scenario will be triggered when we reach the high in pennant's range !
So for now; As we holding the pennant we'll be safe and I'll looking for the potential LONGs in short-term on mid-cap ALTs...
🔴 If BTC get below the pennant , Then we might face a stop-hunt event below the lower 4H's demand.
Hope you enjoyed the content I created, You can support us with your likes and comments !