DariusFxTrading

Bitcoin short - Current Range - Riding the waves like the banks

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DariusFxTrading Uppdaterad   
GEMINI:BTCUSD   Bitcoin
Hello Traders!

We can see on Bitcoin that we are in a range. The grey zone are h1 Supply Demand Zones. The blue zones are h4 Supply Demand Zones.
Now we have seen that on the h1 we already tapped the h1 Supply Zone and it went immediate down. This is because in the Supply Zones are order blocks left from banks and financial institutions. We trade this order blocks and we will be riding the waves like the banks.

What can we expect
Bitcoin could go up again to the h1 Supply Zone before it will drop down. But we could see it dropping down now.
We got there a h1 Demand Zone. We need to break this in order to confirm the continuation of the drop. This is an important level. If we will break it we can expect Bitcoin to drop down to the h4 Demand Zone.

That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.

Thank you and we will see next time
- Darius.
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