CRCL broke support then reclaimed it, leaving deep support, and is set up for a nice run provided 66.85 holds. At least 105 is expected, with 112 ideal, taking partial profit there before adding back and swinging the third; the Thursday low is a tight stop.
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Next one is circle. Um I've covered this on the webinar many times. It's had some this one I what I don't like about it is that it broke breaks support and then comes back. Some charts do that and that's a pretty deep brick of support.
But right now we're set up for a pretty nice run again provided that 6685 holds.
And right now again what what did I say about Bitcoin? It presented a range flushed flushed the range came back impulsively. That's a that's a I have made a lot of money in trading um watching for range breaks and violent violent upheaval bringing them back into the range and often you can get ready for the upside of the range popping or same thing in shorts.
I mean, in in ICT thinking, that's like a a liquidity raid. It's not really turtle soup in the situation because turtle soup um would be with the trend, which would be down, but um but it's definitely that sort of liquidity raid on the underneath of a range and breaking all those um breaking all those longs and then going long, right?
That's very classic. And then Elliot wave thinking it's a nice fifth wave uh flush and flush and reverse. So pretty. I actually think this is very pretty.
um the lower lower time frame we can throw in. I haven't really done the fib work on a lower time frame, but I would expect to see this um it based on where this um minor wave 1 has hit.
I would expect that um the next degree get um ide 112 is ideal. It doesn't have to get there, but I would expect at least 105, but 112 be nice. And then um take some profit there.
You know, partial is the way I work that. um add back in the two when we get the level for that and then and then swing it for the third. Again, assume everything plays out as expected.
But um but it's looking pretty nice. It's a nice start. So, we'll see how that develops. I'm liking that one.
Um if you have any questions about that one, throw it in level key levels. Um actually 76806 7660 doesn't matter anymore because it took it out, but um the next level was 66.85 for a deep two and uh and that is um still in play.
And even right now, I could you can call that a tight tight stop at that Thursday low. Is that Thursday low? Yeah, it's Thursday low.
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