I’m starting to go long on altcoins, beginning with Filecoin. I see a realistic target before the weekend, ahead of a potential breakout. BINANCE:FILUSDT This is a swing trade setup, with the plan to close it by the weekend or on Sunday at the latest. Entry Strategy: OTE (0.705) + FVA + FVG + Overlapping Defense Trade Management: Consider taking the first...
I'll be closing it by day’s end. I prefer not to hold any positions with U.S. elections on the horizon. This feels like the calm before another storm. Setup details: Risk-Reward Ratio: 3R Risk Capital: 3% Take Profit: Partial profits at the first target; once hit, I'll move the stop-loss to breakeven (BE).
The market will do what it always does—play with our emotions. We're all eagerly anticipating an altseason, right? But the market will test everyone’s patience, so it's wiser to stick with spot purchases and use DCA (Dollar Cost Averaging) for entry. Don’t give up, and above all, don’t sell now—you’ve weathered a tough bear market. Dominance is set to decline,...
High Risk BINANCE:XRPUSDT XRP appears likely to respect the daily bullish FVG (Fair Value Gap), and it's rare to see such setups on this asset. Given this unique opportunity, I’ve decided to enter, aiming to close the trade around the Intermediate Term High (ITH). This is a straightforward setup: stop-loss placed at the swing low, as a break there could...
This is a high-risk trade setup. While I believe silver has more room for a rally, I expect it may need a significant drop first—that's what my instincts say. However, based on the charts, I’ve decided to go long as the price action has been resilient and seems poised to recover from yesterday's bearish whipsaw candle. Reminder: this is a high-risk trade with...
Potential for a Strong Bullish Move 📈 BINANCE:BTCUSDT Based on current price action, I believe we may be heading into a significant bullish leg. Here’s why: Bullish Arguments: Previous Month Low (PML) is being disregarded. Previous Month High (PMH) is being disregarded. Previous Week Low (PWL) is being disregarded. Previous Day Low (PDL) is being...
The first line of defense didn’t hold, and price has moved toward the Overlapping defense alongside the Fair Value Area. I believe this level may hold, though once it reaches the target or gets close, we might see a temporary pullback or consolidation. For this reason, this trade requires close monitoring of price action, especially on a day full of important...
Forgot to post this trade earlier! FX:AUDUSD Let's see if it reaches the buy-side liquidity: we've got a W pattern, swing low, FVG, discount array, and buy-side liquidity in play. Honestly, it looks poised to go higher if today’s level holds; otherwise, more downside ahead. EUR/USD has recovered well, but tomorrow will bring a new challenge.
Scalping/Day Trading Setup – High Risk GBEBROKERS:USTEC Key Zones: FVA + FVG + Overlapping Defense + OTE 0.705 Trade Management: Planning to take partial profits ahead of the New York session shift to mitigate potential volatility. Once the first target is hit, I'll adjust the stop loss to break-even (BE) to secure the trade.
Swing trading BINANCE:LINKUSDT Seeing that the structure has been respected, I decide to open a position now. These are my arguments: Bullish arugments: Monthly PCL being disrespected Weekly PCL being disrespected Daily swing low being disrespected 4H swing low being disrespected So far I see no bearish arguments. Trade management: SL at $9.94 which that...
Setup: OTE + FVA + FVG FX:EURUSD I'm using a tight stop-loss here because if it gets hit, I'm prepared to re-enter at a lower level. This approach allows me to better capture high-probability zones while keeping risk minimal at this stage. 📈 RR: 12.15 — A great risk/reward ratio that helps me optimize each trade and manage capital efficiently. Always ready...
Ethereum is a different story. It's more challenging to catch, but the bullish arguments are also strong on higher timeframes. However, if you're aiming for a solid long position, patience is key. Set alerts at crucial levels like the weekly bullish FVG and the two daily bullish FVGs. The price is currently moving to provide a fair value for supply. For now, this...
The bullish case is strong, but proper risk management is essential if you're looking to go long. The current market is heavily overleveraged with long positions, causing sharp wicks and rejections, typical of a bull run. I plan to wait and open a position at $60,750, keeping in mind that the price could drop further to $57,700, where I also plan to enter....
Bearish Arguments VANTAGE:USOUSD Previous Month Low (PML) is holding strong. Previous Week Low (PWL) remains unbroken. Previous Day Low (PDL) is respected. Daily Bearish Fair Value Gap (FVG) is acting as resistance. Monthly Bearish FVG is also being respected. 4H Bearish FVG is holding. 4H Swing High is capping price action. 4H Swing Low is holding as a...
1st Entry - 15min POI: I decided to open three trades using the OTE reversal strategy within the 0.705 to 0.79 zone, taking advantage of the range between the swing high and swing low. Entry timeframes: 1min Emotions: Calm and confident Risk/Reward Ratio: 3.58 Lot size: 0.5 2nd Entry: Entry Price: 1.0968 Risk/Reward Ratio: 4.53 Lot size: 0.8 Emotions:...
🔻 Tough week for $XRP. The price has been a rollercoaster 🎢, leaving investors exhausted. 💡 Opportunity: The next time the market picks up momentum, we could see a major breakout. I'm looking to go long in the marked zone. ⚠️ Advice: Don't rush in expecting a bounce. Save liquidity and stay patient until the right opportunity comes. Patience pays 💰. BINANCE:XRPUSDT
EURCAD Set-Up Bearish Arguments: Monthly PCH is being respected Monthly Bearish FVG being respected Monthly swing high has been swept Weekly swing high is being respected Daily Bearish FVG is being respected Daily swing high is being respected 4H swing high is being respected Bullish Arguments: Weekly swing low is being disrespected Daily...
I've decided to open a new long position in oil FPMARKETS:WTI , despite the odds not being particularly favorable. My reasoning is based on observing strong support at the daily Fair Value Gap (FVG), which I had been waiting for to confirm a solid reaction before entering. On the weekly chart, the outlook leans more bearish, and this week’s performance will...