I entered a short successfully around the middle of the range. Holding lower partials
These two areas are 30m imbalances in the price of bitcoin. Let's monitor price action as the price approaches
I have started analyzing gold chart when I do with bitcoin as a habit. It moves very well too. It is like bitcoin cousin.
I am planning the week ahead and the idea would be get the best levels for buys to ride for next possible lep up. As always I apply risk management and I am willing to shift my bias if the enough evidence is presented.
To me this is an area where I want to look for a swing position. Monitoring at lower tf to get a decent entry
Scalping mastery. Entries to the pip. Took profits in both directions.
4H candle just close. From a candle perspective it looks very bearish. On the other hand, it can be seen as an absportion in volume. Generally, these can be good levels for both longs and shorts. I am more bias towards longs looking at everything else it is going on with BTC.
From a weekly and purely technical perspectives, I feel this is the last level for eth/btc to maintain a bullish weekly structure. The weekly structure here started 4 years ago. It's a good enough level for me to start looking at bullish setups for eth that can give me better returns compared to btc
3 trades with one setup. BTC always rewards the patient. I was waiting for that zone since last week. 95k area. Good for bounce.
I look forward to a bullish week. Therefore, my simple thought is finding my entry below the weekly open. Let that sink. It is a simple yet very effective strategy if my bias of a bullish week ahead is right. Otherwise I will need to adjust to market conditions and switch to a ranging or bearish. We'll see
I already secured profits on both short and long. Let the market do whatever it wants.
The setup I had before going to bed wicked me out when I was dreaming about my future life.
Let's see if this plays out. Short only on chart, I didn't take but there was a nice 1 minute divergence as a confluence.
I'm going to bed since it is 00:30 here but I'm going to set a limit order with a less than my normal risk because I will be looking for my setup tomorrow during NY Unemployment Claims.
Eth similar setup to BTC. I tried to snipe the short multiple times until I got it. It looks like it's holding stronger than btc, therefore my tp did not hit but I fully close the position at 1:6
Asia high was taken in London and NY retraced to London order block to give then sell
BTC set ups are the cleanest in all financial markets, prove me wrong.
Bitcoin presents unbelievable territory for patient and discipline trader. It is a fair space where people who have knowledge of the markets make the most money. In this case a beautiful application of one of the fundamentals of markets, price action.