Short 24000 . STop loss 24040. Take profit 23650> use proper risk managemnt and Not financial advice
Need to break 24250 to trigger my Short system. Take Profit / Entry / Stop loss will be posted when we break 24250. Other than that no trades. I know most of you boys want to make it for your family so don't gamble for their sake.
There will be a short soon.. TP area will be at 20780. Stop loss and Entry will be signaled later today. Stay Tuned. No signals if it reach to fail upper resistance. Just to clarify I dont trade based on support and resistance memes lmao. I got a system that i use but the support and resistance help also with SFP.
Short 23000. Stop loss 23105. Take Profit 22255. Use proper Risk Management and this is not Financial Advice. Winning streak (2/2)
Long 21000. Stop loss 20753. Take profit 22550. Use Proper Risk Management and this is NFA.
If you check my previous Ideas I posted same scenario Happening before and it always plays out like this. NFA and DYOR but these are trades I am taking. Long @43700 and will tp @45400 . Then will reverse position .
Looking for Short Entries. Btc Is begging to get nuked IMO . Bear Market Rallies are brutal so stay safe!
Waiting for a Touch on the trendline or maybe a small penetration to add to my long. Invalidation below last 4hOB
As mentioned in the previous Idea of fan trendlines and how does they work on the book by j.Murphy I will be anticipating a re-test on the third trendline with a tight stop loss. This is a 11R trade I am willing to take manager your Risk:Reward Accordingly :D ! Happy Trading
#Transparency i was wrong on the previous idea of rejection on trendline . Okay since that's cleared out now we got a super interesting pattern that is being printed EXACTLY as written. Hint:( P75 in Technical Analysis of Financial Markets By J.Murphy. If you are too lazy to search it up you will suffer the consequences of the upcoming move
Just a speculation but something feels off ... There was no fake outs at all before this pump contrary to the usual MM pattern what's your thoughts ? I am not a perma bear but trying to make sense why this cannot be a fakeout pump. Think of it like an inverse MM pattern. Trade in a range + (fake out ) then (real move) only missing factor this time is the fake out !
As we see a third rejection on the trendline , We shall see a retracement to 38.1k . Situation kinda tricky right now and market making parabolic moves left and right so From a trader who got liquidated a lot before , Try surviving this , Taking losses is a part of the trading life but managing risks and de-leveraging when time comes is what makes traders...
As demonstrated by the idea linked market sucked millions of liquidity by this parabolic movement as all people were screaming bear market and shorting so what does market do... liquidat'em all ofc. Shorted @41500 my sl at 42200. If the theory is true that all this is a shorts squeeze(fake out) then we shall be making lower lows today. Happy trading :D
Profit Target Hit and Remaining the Reversal target. Switched from long to short position.
Not a know patter n or shit but I saw this literal price action few times where this scenario happens and people get fucked up.. I advise you to at least consider . At least most of my previous calls were correct where I called this pump early so just stay safe and don't get rekt