ACET | BUSD TOP <-> DOWN BREAKDOWN ANALYSIS
- HTF (Higher time frame) price retested the sweap and rejected on the first break making it as a failed aution (trapping more buyers on top before the price actually break those highs),
- After the sweap we got a retest of the Orderblock +, region which acted as a support for price to regain momentum and pump,
- Type 2 recovery in play after the first structure break trapped buyers, the secound leg would actually anticipate the move up and take Relative highs ($) resting @ 0.08637 sweaping all the liquidity trapped within the range,
SETUP :
- Looking for Limit orders fills @ 0.07060ish region that created the Volume gap making it as our entry region,
- Eyes on a tap of Prl (Prev range lows) resting @ 0.12749 that did act as first take profit region ,
- Once we break Prl (Prev range lows) price can retest all the highs resting above brewing a chad candle for next few months.
