$BTC - Technical Analysis



Weekly
Last candle traded to weekly FVG then closed above it. Looking for P to trade higher. P might fill some of last candle's wick before doing so.

P might fill some of last candle's wick before trading lower.

This week we have 2 high impact eco news. CPI on Wednesday & PPI on Thursday.


Daily
Last candle traded o 0.5 an old candle's wick, then close below daily FVG. I'm leaning toward P trading lower.

A SFP is formed. I'm expecting P to at least taking out the recent buyside. If P trades to 0.5 of the old candle's wick, I will likely to look for P to trade higher.


H1
P could trade higher from here.

Or If P sweeps recent buyside or the upper buyside, I will likely to look for short

Of If P closes above recent buyside, I will likely to look for P to trade higher.

Or base on intraday PA to look for setup.
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