Another beautiful day for the bitcoin market. We got ourselves loaded in this beautiful trade on bitcoin at 16379. Recently Bitcoin market has taken bearish BOS on the daily timeframe. As a result after taking external structure liquidity on daily market may wanna retrace back to grab the minor structure liquidity that has been marked on the chart. So for that time being we can take long trade if the setup permits. And that is what we expected. M15 Structure was bullish and our aim was to get in the trade. Market took the first pullback, inducing short sellers to generate liquidity for the market makers. Price grabbed all the liquidity in the M15 fractal leg and tapped on the extreme Orderblock. Entry was made after confirmation with target being M15 major structure high and SL below sweep. Now this trade is at BE. Fingers Crossed :D
Happy Trading!
-Team Lamda
Happy Trading!
-Team Lamda