Not trading advice. These areas stand out. From FVG to FVG above REL's.
Short at OTE from pre impulse swing low, stop at previous major swing low preceding impulse move. Target below REL (relative equal lows), otherwise if you would want to partial it would be at the OB just before the retracement into the LTF swing low.
This is a vital area of interest that BTC has to reach otherwise we may be looking at a bearish monthly close which would not be good. It needs to get above the squeeze.
This is a demand and breaker setup for btc. SL is 28.5k-ATR Entry is maybe 28.6k exit is the topside breaker OB
In this chart we see a reaction with the bottom demand. I find it likely that it will reach topside demand, unless sl is hit. RATIO: 1.94 RISK: 1% I placed the risk below the supply -ATR so stop does not get taken out Entry has been missed. This is hypothetical chart. We do not know yet where price will travel so i want to use this to test my analysis.
OK Tradingview bugged out on me once but I'll type this again- We saw a lower low formed, missing the OB in the area by a few hundred pips. There is an engulfing candle on the 15M TF and price is travelling into the topside 30M OB If we see a volume validated rejection in the area, I find a lower low to 35k likely. If we see more continued upside with...
I am too tired to detail everything. Basically Second Tap of topside supply. very likely bearish on second tap. Bottom levels untested, only hit once. Entry is now after the rejection, two tps on below orderblocks and sl is recent high+atr
A little experiment ;} wait for topside wicking.
In this post we can see how the stops were taken out beyond. the 26600 price level. For any setup that a noobie trader may place, the SL would be taken out at this level; However using the ATR indicator we can avoid getting stopped out and keep our trade. I recommend you watch some videos on this indicator to get a better understanding but the main jist of it is...
The area circled in green was the most appropriate entry for this setup, as it was a 30m demand zone with a nice rejection. The topside supply is untapped and is looking for price to move there. The rejection from the bottomside 30m demand further strengthens this entry. SL is just ATR below top of 30m demand. TP is bottom of topside supply.
We can see that btc has been rejected from the accumilation before the ATH, after a bearish drop to another supporting level. The area I want to watch is the level circled. If it breaks this area, and retests with a volume confirmation, I am confident in it reaching the price target below (Green Box) Please take in mind there has to be a volume confirmation. If...
Strong point for btc. 3.618 zone. This is likely the major point of retracement.