Update after 4 months:
I have tried to slowly grind up to my old account size.
Starting April I will finally be able to focus 100% on trading when I finished my bachelors degree.
Until then I will post certain trade setups however not everything I do.
Update:
I have been trying to short $BTC since end of September resulting in me losing all of my recent trades.
Quite a setback tbh but let´s see how I can recover from that.
(-50RR)
I personally believe that structure is starting to become bearish hence I am shorting.
Key takeaways:
1. Go big on setups that you can trust on HTF
2. If you´re going big, then try to hit the home run and don´t start TPing too early (I feel like there were potentially +7RR more possible)
3. Try to cap the losses before entering the HTF trade
$BTC Long closed (+13RR)
Started to TP early since I have been losing the past long attempts repeatedly.
TP1: first possible S/R flip
TP2: naked POC of previous range
TP3: deviation above VAH of previous range.
$BTC Long closed (+13RR)
Started to TP early since I have been losing the past long attempts repeatedly.
TP1: first possible S/R flip
TP2: naked POC of previous range
TP3: deviation above VAH of previous range.
$BTC Long (currently +3,5R)
Weekend volume and trendline was respected.
Huge liquidity cluster close to ATH which currently acts as a target, depending on how the situation evolves.
FOMC Minutes today as well.
$BTC Long (currently +3,5R)
Weekend volume and trendline was respected.
Huge liquidity cluster close to ATH which currently acts as a target, depending on how the situation evolves.
FOMC Minutes today as well.
$BTC Long
+ 6R
Typical bull market pattern with SL below recent low. Chances that price will further rise are high in my opinion.
OI has risen as well so there is potential for a reversal however I don´t believe that´s the more likely scenario.
I will also look closely at the range POC at ~104,6k.
If there is no good momentum while pushing through the POC, I will close my long and reenter if the POC has been reclaimed.
I will also look closely at the range POC at ~104,6k.
If there is no good momentum while pushing through the POC, I will close my long and reenter if the POC has been reclaimed.
$BTC Long
Setup:
- Range lows on HTF have been revisited
- ByBit USDT pair has opened ~2k shorts in the previous few hours
Target:
- TP1: Range highs
- TP2: Liq cluster
Risk: 2R
$BTC Long
Setup:
- Range lows on HTF have been revisited
- ByBit USDT pair has opened ~2k shorts in the previous few hours
Target:
- TP1: Range highs
- TP2: Liq cluster
Risk: 2R