$BTC
A big move is loading up…
The last 3 weekly candles have all been green, but with weak, slow upside, without real impulsive strength and barely any wicks below.
With the last candle we swept the recent range highs but closed clearly below, confirming a HTF liquidity sweep.
Now the new weekly candle opened and immediately pushed back up, leaving no wick below again which is usually manipulation signals.
Most of the time, we see this at the start of the week, a strong push into one direction to lure people into trade just to make the real move later the week.
Right now, it looks like we’re in that manipulation phase where we first confirmed a bearish liquidity sweep but keep pumping into the start of the new week just to reverse later trapping all of the late longs.
