Total market & BTC:
- still has more upside to take out before a significant reversal
2D:
- ADA currently making its way up for a retest of weekly liquidity zone and 2 day EMA. Once this happens, I will be reversing and going short
4H:
- currently bouncing at support and trend line after completing reversal pattern
1H:
- bulls coming into the market, price broke above micro structural zone
Stop loss: 0.901
- below local low, trend line, and liquidity zone
Take profit: 1.029
- At weekly zone giving me a 3.27 R
- still has more upside to take out before a significant reversal
2D:
- ADA currently making its way up for a retest of weekly liquidity zone and 2 day EMA. Once this happens, I will be reversing and going short
4H:
- currently bouncing at support and trend line after completing reversal pattern
1H:
- bulls coming into the market, price broke above micro structural zone
Stop loss: 0.901
- below local low, trend line, and liquidity zone
Take profit: 1.029
- At weekly zone giving me a 3.27 R
Trade closed manually
Got in too early. Did not have confirmation of new trend
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.