STRUCTURE ANALYSIS NOT A SIGNAL FOR TRADE .
if market reclaims consequent encroachment marked in the picture it can give a pull back . pull back into 4H FVG at 107186 . if next 4 H BAR unable to reclaim CEF it will go straight down at 103971 . personally i would not go in with a big margin . i prefer small position here . and try to make it into 3x . big players tend to sell untill market goes well beyond oversold condition yet i am not willing to risk big market is coming back from all time high no reference point might stand in its way .
if market reclaims consequent encroachment marked in the picture it can give a pull back . pull back into 4H FVG at 107186 . if next 4 H BAR unable to reclaim CEF it will go straight down at 103971 . personally i would not go in with a big margin . i prefer small position here . and try to make it into 3x . big players tend to sell untill market goes well beyond oversold condition yet i am not willing to risk big market is coming back from all time high no reference point might stand in its way .
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BTC
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