backo3456

backo3456

BTC has maintained the H1 short term trend (13D EMA) throughout the tail end of the New York session, the entire Tokyo session and now the London session. For the coming hours it will be quite interesting to gauge wether we see a reclaim of 73000. This is a crucial psychological and once support is found there if reclaimed today, we'll likely find the spring to...

backo3456

BTC has rejected the short term trend (13D EMA) yesterday and again today on the H1 time frame. For the coming hours it will be quite interesting to gauge wether we see a reclaim of the H1 200D EMA or not. We've had a candle close below it and look to be targeting 65.5k - 64.7k in the short term. Would be a great zone to look for swing longs into new highs in...

backo3456

Following an initial tap of the liquidity at the last significant high back in July, we've seen a retrace back down to our short term trend (13D EMA). I like the reaction we've seen there today and am taking an early stab at a long with half size here (because not all of my LTF buy signals have triggered as of yet. First TP level will be the next logical D1...

backo3456

I'm executing this on H4 and D1/D3 time frames as this is a swing that should take 3 to 9 days to play out. I am also taking into account H1 short term trend, which has failed to hold on this second retest of the H4 sort term trend, and thus needs to be reclaimed. Entry: 0.8576 SL: 0.8356 TP: 1.0976 Upon clearing D1 resistance that lies between 0.95-0.99 and...

backo3456

Executing this on M5 and M15 time frames as I usually do, taking into account H1 short term trend retest taking place right now. Entry: 0.7508 SL: 0.7320 TP: 0.8420 Upon clearing 0.79 and invalidating the H1 T candle that formed I'll move the SL a little higher than BE. H4 close above that 0.8 would likely take this to target relatively quickly. H1 close above...

backo3456

Executing this on M5 time frame as I usually do, taking into account H1 and H4 with D1 200D EMA as possible next resistance and TP1. Entry: 2618.11 SL: 2584.80 TP: 2791.51 Upon clearing 2660 I'll move the SL a little higher than BE. H4 close above that area would likely do the trick to cement a continuation higher. ETHUSDT.P M5 Execution: