I was there 🏌‍♂

Fall 500, fall !

I actually hit a stoploss on this due to nfp , but regardless I would like to see this outlook play out 🏌‍♂

Take your time to weekend to go round all pairs that nfp affected , u would clearly see that two moves occurred, 1 the false move
2 the real move ,
The false move was meant to take out traders off in form liquidity (liquidity means highs and lows ) the market depending on the the direct of the news ,
The real move, after the false move has taken out traders off the market , algorithm then uses that point of taking out of traders to then bring in the banks ...

A good example, the previous low was taken out during nfp, the banks are now brought into the market , then the real move starts.. I am expecting to see a bullish run on this ,

I propose a theory that news can be seen as orderblocks to propel price , news sets a new market direction , ...
Its just a theory that is under study 🏌‍♂

Gu did same thing , price ran for liquidity during news , took out the previous Liquidity, took out sellers , used that point of take out to fetch in the bearish banks, and now the market direction changes

This theory about news is my personal discovery and it is rated at 80% success rate ...

And also don't ignore imbalances, they are mode of rentries created by the algorithm for the banks in a particular market environment, so what happens during news is that algorithm creates a false move that reaches for imbalances where limits of the banks resides and and brings in the banks, and the real move starts the opposite way 🏌‍♂

A good example 🏌‍♂

A good example,

So whence news is realesed , do put to heart that there would "most of the time" be a false move that would reach for imbalance and liquidity before the real move , it doesn't happen all the time , but whence it does ...... boom !

Do spend your weekend making some researches on this 🏌‍♂

Would be watching for possible bearish reaction off this level ...

I believe this current run up in price should run to take out this previous high. Then after that high is taken ,

I would then be looking at this level as a possible bullish rentry 🏌‍♂

Did drop into level one 🏌‍♂

Seen the fall of bitcoin from the beginning, where everybody still believe in bullish bitcoin, , where everybody still thinks bitcoin is this , is that , gradually it is falling, still analyst, traders still believe bitcoin is bullish , I stand on a overall bearish bitcoin , we shall see 🏌‍♂
The only stumbling block I see is 44k , if that breaks , nothing would stop bitcoin from reaching 15k 🏌‍♂

Bitcoin currently is aiming for this 42k level , this is the only level I see that could cause bullish reaction , judging by what happened at the origin of the ongoing sell , btc is already in a bearish environment, but this 42k level is an important level... and this where the current fall is aiming for 🏌‍♂

Just look at how price played inside my shaded before dropping 😅

Everyone taught this buy on btc is the forever buy , not everyone saw a sell at the point , most traders argued with me on this when I made this analysis , no one agreed with my bearishness ,

Ohh well , bitcoin is falling just as I have anticipated,