Analysis for ONEUSDTToday i share my analysis for ONEUSDT. as you can see in my chart i drew the 4hr bullish OB with matching FVG. as confluence this OB is also a strong support level for higher tf. The plan is for us to wait for price to hit our FVG and or OB and go down to lower tf to see some reactions. once we see in lower tf that price wants to reverse or CHOCH then we prepare our entry for a long position.
Alfoxdaytrader
SMC analysis with BTCEarly grind with BTC today. Bias for today is bearish and i'm riding this baby going down. Price reached the 50% of premium range which means it is now ready to go back to it's higher tf trend which is bearish. My trade just got tagged in so now let's wait and see. hopefully tp will be hit as it is the discount zone in 4 hr tf ...
Next in LineHere's my next trade plan. Bias for this trade is bearish and I'm expecting to see a reversal after price breaks a structure below which will form CHOCH and at the same time a new bearish OB. Once our new bearish OB is formed, i'll wait for our price to re visit our bearish OB and look for my entry point before it goes down to our TP zone. this target will give us a 1:10 RR and i'm using 15m tf for my structure analysis while 1m for my entry. Hope this can help our fellow traders specially those who trade ONEUSDT...