BTC USD long IDEA

We have been heavily bearish, and the market structure has shifted in favor of the long side. I'm anticipating a continuation higher to potentially reach the targets indicated.
This is an extremely volatile pair; if you fail to maintain a reasonable stop and leverage, it could be uncomfortable.
My point of interest is the yellow line.
My bets are on the long side despite being in a massively bearish trend.
Secure positions, partial and play accordingly.
Possible to hold positions to the day's close
If you look to the left, we have a massive imbalance that has the potential to be filled.

If we continue, lower, I'll mitigate losses, manage risk, and re-assess my idea.

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19821 partial

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once we sweep 19996, id trail my stop closer but not at break-even yet

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taken more partials

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From the reaction, the market is primed to go higher. I'd recommend avoiding taking shorts unless you are great at anticipating short-term reversals

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Scaled out, stop trailed to break even

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Remember we are still overall bearish, don't push your luck!

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Scaled out some more trailed stop higher. Risk-free

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the imbalance has been rebalanced as anticipated. if in, you can scale out and manage risk accordingly

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Profit target 1 achieved and secured

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We are approaching the close, as expected you can liquidate your positions and leave a few on to the next day

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20817.09 partial

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Trailing stops higher and securing positions

Trade closed: target reached

Target achieved, collapsed all positions

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Final target achieved

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