PYTH 4hrs TF CHoCHPYTH is ready to make a huge move as it,d grabbed liquidity below and immediately CHoCH to upside on 4hrs TF.... Wait for pullback to the unmitigated bullish OB below and take a long entry from there to previous higher high.....
Always manage your risk
Follow for more market update and trade setup
Pyth
PYTH/USDTthose who have been following, we absolutely nailed $PYTH shorting it, now we are going to try nail it longing it, but lets take some things into consideration before we position ourselves!
We have the blue diagonal line as resistance, I have drawn a green line beneath it as an alert ready to trade the breakout, the thing is we are actually in a bearish pattern which is an ascending channel and we can come down to .39, confirmation of that would be breaking down from the red line, and invalidation of it will be breaking the resistance of the white line of the channel.
Set alerts and lets find the best entry to long this, I honestly do hope we come down to .39
PYTH 15/30mins unmitigated bullish OB ( Order Block)PYTH looking to liquidate the buy side before another leg up
Wait for entry below and take from there…. There is unmitigated bullish OB on 30mins TF….
Don’t get induced by longing PYTH from here
Wait for entry and take from there
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PYTH CHoCH to downsidePYTH did a really good run to upside but as we can see
PYTH did a liquidity grab to the upside this more by creating CHoCH but later did CHoCH to downside which makes it obvious downside is the movement…..
Wait for retest of the entry price and take a good short from there
Manage your risk
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Chart: I will follow / trade the channel and be prepared for everything!
One Love,
The FXPROFESSOR ♡