Since I’m new here, let me introduce myself.
I use X to share my thoughts on the charts and show you that trading doesn’t have to be that complicated.
I am just Trading based on price action!
I don't care about the asset itself.
I trade the candles because they tell the story of human buying and selling. We create the candles.
What do they look like? Where are the buyers and sellers? What is the trend? Are any formations or setups developing? Are there breakouts or rejections? Are rotations taking place?
A good trader can explain their strategy to you in just three hours, but in the end, success comes down to experience, discipline, patience, and confidence.
Those aren’t things you can simply learn they are things you have to experience and develop yourself.
Master your edge, and the profits will follow!
Follow along and join the journey.
Just to be clear: I don't give signals and I don't accept promotional deals.
- Freze
Gm! We need to hold 64-63k if we want to go higher.
If we lose 63k than logical move wil further down. Or we rotate now and go higher.
I also wil not be surprised if we range this summer at this areas. Both sides are a good RR.
For now I am already short. Maybe add one more if we lose this area or we need to have a clear rotation now.
Let's see what happens! If this, then that. Keep it simple!
#BTC
#BTC We clearly gained 64k. Now we're looking at a possible price rotation opportunity from there.
However, we also saw a rejection at 67k. Unfortunately, my order there was missed by just a bit, so I didn't get filled. It's still an interesting level though.
The HTF remains bearish until we reclaim 67k. Both scenarios offer a good risk to reward.
FOMC is tonight so expecting volatile price action!
#BTC We're rejecting this level right now as mentioned yesterday. Make or break point imo.
We're only seeing a small rotation to the upside HTF. Nothing special until we really break this point.
The logical next move is further downside if we get rejected here, or we end up ranging.
We can't predict the future as traders.
We are at a key HTF level, so I'm staying alert for a potential shift. Momentum is already fading.