$BTC
My preceding analysis was flawlessly accurate. Presently, I am keenly observing the price's reaction at the 62% Fibonacci level mentioned in my last update, where a significant amount of sell-side liquidity still resides. For those holding existing sell positions, I recommend adjusting your stop-loss to my breakeven point and patiently anticipating the market's response to this sell-side pressure. Once the selling impetus wanes, the price could very well be primed for a substantial upward movement, potentially reaching $150k-$200k. Thus, prioritize safety when initiating any new trades.
Entry Criteria:
> * The H4 candle body at the 62% level should close above it.
> * A 15-minute market structure shift must occur.
> * A 5-15 minute buy-side inefficiency with a sell-side imbalance (Fair Value Gap - FVG) should form.
> * Our entry will be within the 5-15 minute FVG, from its opening to the 50% mark.
> * The stop-loss should be placed below the swing low.
> * Do not adjust the stop-loss until the market breaks above the H4 swing high.
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