BAT: Double FVG and CHoCH Point to a Strong Upward Move! 🌟
đź’Ž Paradisers, #BATUSDT has shown a Fair Value Gap (FVG) twice after taking liquidity and displayed a Change of Character (CHoCH) towards the bullish market structure, increasing the likelihood of a bullish move.
đź’Ž If the price shows a pullback and indicates bullish signs from the FVG and Bullish Order Block (OB), which is supported by the Fibonacci 0.5 and 0.618 levels, then we can expect a bullish move.
đź’Ž In the case the price falls without any bullish signs in these key areas, we can anticipate a bounce from the demand zone.
đź’Ž However, if the price shows panic selling and falls below the demand zone as well, it will invalidate our entire idea. In this scenario, it would be better to ignore it and wait for more favorable price action to develop.
đź’Ž If the price shows a pullback and indicates bullish signs from the FVG and Bullish Order Block (OB), which is supported by the Fibonacci 0.5 and 0.618 levels, then we can expect a bullish move.
đź’Ž In the case the price falls without any bullish signs in these key areas, we can anticipate a bounce from the demand zone.
đź’Ž However, if the price shows panic selling and falls below the demand zone as well, it will invalidate our entire idea. In this scenario, it would be better to ignore it and wait for more favorable price action to develop.
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