Trading this range bounding on $DOT !!
Ranges over Ranges
Deviations over Deviations
This chart is rather easy to approach compared to others, especially BTC.
My first game plan is to short
DOTUSDT at the range high
Confluences at that level:
1- H12 supply
2- retest of the range high after the deviation (This is mainly how I like to trade)
3- H4 order block
Target:
Ultimately the range low at $15 (Daily range)
Why am I looking for shorts:
1- We have Monday's low to sweep
2- We made a market structure break (msb) today to the downside so the MTF bias is bearish
3- Strong rejection at the EQ (Daily range), so naturally you should look for the range low after such rejection
Share me your ideas about this, let's get this trade together
I will share my long setup too so if you are interested follow me on tradingview and stay tuned
Don't forget to hit the like button :)
Deviations over Deviations
This chart is rather easy to approach compared to others, especially BTC.
My first game plan is to short
DOTUSDT at the range highConfluences at that level:
1- H12 supply
2- retest of the range high after the deviation (This is mainly how I like to trade)
3- H4 order block
Target:
Ultimately the range low at $15 (Daily range)
Why am I looking for shorts:
1- We have Monday's low to sweep
2- We made a market structure break (msb) today to the downside so the MTF bias is bearish
3- Strong rejection at the EQ (Daily range), so naturally you should look for the range low after such rejection
Share me your ideas about this, let's get this trade together
I will share my long setup too so if you are interested follow me on tradingview and stay tuned
Don't forget to hit the like button :)
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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.
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.