tradmatt1
Summary of Confluences Trade Setup Long Trade (Buy at C) Key Confluences ✅ Fibonacci 0.618 - 0.633 Retracement (XA Leg) ✅ Weekly FVG Support ✅ Market Structure Pivot & Liquidity Grab Short Trade (Sell at D) ✅ Bearish Gartley Completion (1.27 - 1.3 Fib Extension of BC) ✅ Anchored VWAP from ATH (Resistance) ✅ Bearish Order Block & Supply Zone 1. Long...
Confirmation: Market Structure: The chart highlights a first weekly lower high and first weekly lower low, reinforcing a bearish trend. Daily Fair Value Gap (FVG): Could serve as an additional target for the price. Risk-to-Reward Ratio (RRR): The trade appears to have a favourable RRR, with an optimal entry around D. 1. Long Position (Counter-Trend Trade...
I want to see BTC sweep the higher golden pocket and then come down to test the value area low and maybe a wick to the lower Vwap my white lines i'm hoping for candle bodies only - Looking for volume in those areas ! if nothing then no trade ! Weekend volume can be low but lets see what happens! Started a paper trade account 100K on 2 Feb Currently @ $507K my...
Some thoughts on RWA lower CAP projects, define possible
TEL fell perfectly forming a bottom structure at the golden ratio, I personally waited for a breakout to form a higher high and then a retest before entry. Would be great to get some of the Volume we had on the previous bull run, will be watching BTC.D Closely for next few weeks to see how this affects the price action. I used the trend based fib extension tool...