BTC USD Monthly Outlook
Hello Everyone,
This idea is based on one of possible probability of Quarterly PO3.
-July Month the price did the consolidation which can be considered as Accumulation.
-July Last Week and August 1st Week Gave a downside move to the Weekly FVG & Weekly Inverse FVG which can be considered as Manipulation.
- Now the Price is picking up momentum on Lower timeframe and trying to breakout from the trendline resistance. If Price gives a good move this week I'm expecting that the Distribution have started and target will be July Highs and it can move further up towards Weekly & Monthly FVG.
This idea is based on one of possible probability of Quarterly PO3.
-July Month the price did the consolidation which can be considered as Accumulation.
-July Last Week and August 1st Week Gave a downside move to the Weekly FVG & Weekly Inverse FVG which can be considered as Manipulation.
- Now the Price is picking up momentum on Lower timeframe and trying to breakout from the trendline resistance. If Price gives a good move this week I'm expecting that the Distribution have started and target will be July Highs and it can move further up towards Weekly & Monthly FVG.
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