Everything is explained on the chart. You can share your ideas comment below.
If the Selling pressure can not get stronger high probably market maker can go lower than 40k to take some liquidity correction of 69.5 to here.
İf we hold 40k until fed then from the meeting we can not have something negative high probably we will have right shoulders. 40>50-53-56.
Then fall with 15-16 of next fed meeting under 40k.
So fed will buy now and give us good news to trade 40-53 or they are shorting and they'll add more with bad news on 26 January :))
If the Selling pressure can not get stronger high probably market maker can go lower than 40k to take some liquidity correction of 69.5 to here.
İf we hold 40k until fed then from the meeting we can not have something negative high probably we will have right shoulders. 40>50-53-56.
Then fall with 15-16 of next fed meeting under 40k.
So fed will buy now and give us good news to trade 40-53 or they are shorting and they'll add more with bad news on 26 January :))
הערה:
kinda red wave is taking place
