The volumeprofile gives us an insight into what levels we see liquidity at.
Right now there is a lot of liquidity at 27.2K - 30.3K
If price closes below 26.2K we will likely settle between 24.3K - 25K
We are also seing a contraction in the bands that fit the MCFV that I made. This indicates that we are likely going to see a large move coming into the next week. I have linked this indicator below!
Price is still above both the center of contraction on the 4H timeframe and the daily. This means we are looking for longs until we close below!
When we go down to a lower timeframe, we can try to get our sniper entries by checking the indicator:
Right now there is a lot of liquidity at 27.2K - 30.3K
If price closes below 26.2K we will likely settle between 24.3K - 25K
We are also seing a contraction in the bands that fit the MCFV that I made. This indicates that we are likely going to see a large move coming into the next week. I have linked this indicator below!
Price is still above both the center of contraction on the 4H timeframe and the daily. This means we are looking for longs until we close below!
When we go down to a lower timeframe, we can try to get our sniper entries by checking the indicator:
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Telegram:
t.me/ikkeomarfree
I can also pass funded accounts for you!
$50,000 accounts
Just dm my Telegram @IkkeOmar
