Today's chart is nice and simple, nothing crazy.
BTC for today has built its premium and discount zones based on time and price. NYO built the premium zone, and the True Daily open built the discount zone.
We are looking for price to push into the FVG located around 94,900. The reason it is that FVG because if you look closely, it will align perfectly with the blue quarter, so we should expect price to go up to that point between 9:30 and 11:00 am EST, followed by a drop down to the liquidity created beneath the True Daily open discount zone near 92,700.
Stop loss at 95,600.
PM Session should take us down gently towards the 92,700 take profit.
These dynamic prices are based on the dynamic time based premium and discount model theory and they are pretty accurate.
Happy trading.
BTC for today has built its premium and discount zones based on time and price. NYO built the premium zone, and the True Daily open built the discount zone.
We are looking for price to push into the FVG located around 94,900. The reason it is that FVG because if you look closely, it will align perfectly with the blue quarter, so we should expect price to go up to that point between 9:30 and 11:00 am EST, followed by a drop down to the liquidity created beneath the True Daily open discount zone near 92,700.
Stop loss at 95,600.
PM Session should take us down gently towards the 92,700 take profit.
These dynamic prices are based on the dynamic time based premium and discount model theory and they are pretty accurate.
Happy trading.
Ghi chú
UPDATE:IF we cant get into that FVG by 11:00am EST, expect PM to take out the high formed and then retrace to our profit target.
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Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.