Lennaert Snyder|10月 29, 2026 08:36
BTC pumped and fell back into the consolidation post-FOMC.
FOMC printed a classic "false move" and retraced back to the bottom of the consolidation.
If you took the long from yesterdays 4H imbalance you probably had 1 TP and break-even exit after.
The 79.2K sweep we're anticipating on since Monday is starting to look good.
Yesterdays pump induced more longs, and in the same time the rejection engineered even more BSL at 82K.
That's why my preferred scenario is still taking the 79.2K PWL/weekend low, and long lower timeframe reversals towards 82K.
Yesterdays imbalance got disrespected and flipped as resistance on price, I actually took a little scalp-short there.
We also printed a 4H bearish imbalance around 80.7K, if you're a good scalper this is valid for shorts after the trigger.
For the short I'm targeting the 79.2K low as final target, worth the risk for me.
We have U.S. core PCE and GDP being released today, this could trigger the volatility we need.
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