BEARISH ORDER BLOCK

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BEARISH OB. Contraction will retract the trend again. There will be some fake out little uptrends & downtrends since this is a 4 hour chart.
My target was $41,776 as said by my prior chart. Difference in my price prediction was $94.
Almost.
Generally from OB goes down to EQ. There is plenty of liquidity to sweep and some large gaps on smaller time frames.
Smart money is selling now in large amounts.

May have some little uptrends here and there due to general traders selling for losses which helps the price rise but must have major correction. I’ll update chart later once the dip begins for a broader look.

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ملاحظة

Please correct errors $41,776 to correct price $41,746 and error $94 to $64. To understand read my first comment to this new idea. Ty

BTC went up to $41,682 then the drop.

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ملاحظة

On a 1hr chart: I’m reading both FOREX and general traders both negative. Pushing down the price by selling:
Smart money sells to trap traders.
Don’t get fooled if it regains momentum, I have no doubt in knowing general traders who entered the trade late realized they must sell for losses. This can built momentum.
It’s a tragic. I used to be in the same boat in my early years.
So even if regains momentum: smart money will do anything to entice the more to re-enter and new traders to enter in making them think there more when not.
Ya know I’ve been bullish many times but now I’m bearish in my calculations.

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ملاحظة

I’ll say why I would not enter the trade if I saw momentum again;
1. It’s a Red Flag Risk
2. Depending on the NEW YORK STOCK EXCHANGE for tomorrow CRYPTO may react to it.
3. DXY dollar behavior
4. CPI
5. ADL will read to us by tomorrow which direction will go by NYSE. This can cause a huge dip or uptrend.
6. ADR
7. ATR will confirm where the price will lay.

ATR as of now reads $40,974 in one area on a 30 minute chart. I can’t read it on higher time frames because of BTC BULL RUN.
Once it downtrends more, ATR has a limit in adjusting regardless of how much of a dip.
I may have a higher ATR value even if I have a lower trend value which means trend must return to ATR value. For now $40,974 while correction in process.

I’m ruling out Risk reward ratio PIPS until correction is made and ATR is read more clearer.
EQ is a safe spot to re-enter but I must have a buy signal first.

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ملاحظة

Please view a way to understand when smart money is manipulating the trade.



There is to much information in my reads about them and how they work.
This helps me (us) execute trades.

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ملاحظة

It will keep getting rejected by entering the bearish block. It’s not ready to move passed it. It entered slightly but kicked back out.
Gotta give the Bull a rest.

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ملاحظة

The horizontal trend line from the beginning of the OB is $41,894 to $43,110. Large wide rectangle.

So no, my apologies, I mentioned a bit ago the trend entered and got kicked out which never did.

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ملاحظة

Forex communicates through NYSE per individual large U.S. business. There is major manipulation going on causing ordinary traders to buy.
They want all they can before a dip.

I also want to make things clear: NOT A CRASH like I read many ideas BTC to the downside.

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ملاحظة

Be on the look. I now have 6 sell signals on smart money sells.

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ملاحظة

Smart money has a tendency of trapping trades above the OB. This OB ends at $43,110 give it about up to $43,300 to $43,500. That’s if it passes the OB.

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ملاحظة

ADR percentage is at 2.16%. The higher the more downtrend on its way. I don’t recall when I’ve ever seen BTC above 2.50%.
BTC generally sticks below 2%

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ملاحظة

BTC has stuck within the BEARISH OB. BTC has not had correction. Something’s going on here and stinks. I don’t like it.

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ملاحظة

If FOREX had enough revenue from enticing traders to gain more capital, they would have dipped by now.
There are times Forex doesn’t meet their quota and so they wait.
It’s a Cat and mouse thing.

FLOREX has laid aside major buys and sells until further notice.
What they’re doing right now is plotting.
They are creating a chart for us to see like support etc. This then causes traders to enter and wait then comes consolidation.
If Forex sees no action, they rise the value bar so traders can join then they sell enough to slightly dip BTC but not enough for correction.
It’s obvious because the NYSE has confirmed. I know how they operate with NYSE, Asian and London sessions.
Forex has taken a different direction and has for now disregarded NYSE plus other major markets.
I’m explaining the top U.S. markets which is part of forex. The whole FOREX concept is a worldwide thing which also involves central banks etc.

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ملاحظة

In about 5 minutes moving forward. BTC will have a change of direction or continue the dip.

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ملاحظة

What a change of direction. Makes me wonder if this BTC BULL is on steroids.

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ملاحظة

Smart money, bear trap

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تم حذف الأمر

Please refer to my updated comment idea called smart money, bear trap