Short transcript from a market analysis video stating the presence of a bearish order block but overall bullish order flow; the speaker says a confirmed shift to bearish order flow will occur if price closes below $105,000 on the one-hour chart, with immediate targets near $103,000 and possibly $100,000 in the coming days.
A one-hour candle close below $105,000.
Price will target about $103,000 and potentially $100,000 in the upcoming few days.
This is the bearish order block at the moment. We technically have a change in state of delivery. Although overall, like overall, if you read the market structure, if you read the trend or whatever, you are still in bullish order flow. This will change, right? This will 100% change if you are able to close on a one hourly chart below $105,000. If you're able to get a candle close underneath this level, then 100%, you're in bearish order flow. And price will target this level right here and 103 and potentially even $100,000 in the upcoming few days.
