BTC weekly order block short

28 Jan 2023

Shooting star candle on the daily right into a weekly order block

On the one hour we have buy side liquidity taken, price then broke down take out previous structure (BOS)

Double inducement falling short of filling the 15 min liquidity void leaving money above each inducement

Once price rallies into liquidity lying above each equal high

It will reach into fair value gap parameters and this liquidity should fuel shorts all the way to 21672.05 where we can look for buys to continue bullish trend

28 Jan 2023

Catatan

Never got the retracement I wanted, NO TRADE, if price makes its way back to fvg before dropping any lower, will take another look. but it looks like price is on its way to price posted above