Short

$BTC 95849.42 HERE WE COME

95849.42 HERE WE COME

Made a layout in Tradingview called: ''Sleeping With Charts"
I will analyze multiple pairs before bedtime (this is one of them) and see if they played out or not in the morning.
also for archival purposes ofcourse to look back at later and learn from my mistakes by taking them back to backtesting.

Not financial advice, just posting my idea's for archival purposes to look back at later.

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Just got back home from work. It looks like the price rejected near the 95849.42 area and traded back up. And that's why I don't want to be targeting highs and lows, right? Do you want to be right, or do you want to make money? - Daveteachesfx

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But this part is part of order flow so, price is currently at 96945.86, and I'm still looking for the same idea: for the low (95849.42) to get stripped before price puts in a new high above the 97776.72 high.

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But remember, what I want doesnt matter, we want what price wants, so we will follow the LTF order flow, leading to where I currently see price heading based on my analysis and if I'm wrong I will take that into account during backtesting.

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2 days later update: Looks like the 96219.11 low was enough for price to sweep and continue higher, and that's why you don't want to target lows, right? Do you want to be right or make money?

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NEW UPDATE:

Price did hit the 95,849.42 target on Binance data, but I charted it using Coinbase data, so price did not reach that level there. Again as my mentor always says, 'Do you want to be right, or do you want to make money?"

ChiProactive

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ChiProactive

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