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Trevictus
Dec 26, 2023 12:20 PM

Mock Up Price Action for BAKE | Mid Term (12HR) Short

BAKE / TetherUSBinance

Description

Mock Up Price Action for BINANCE:BAKEUSDT | Mid Term (12HR)
- Watching and waiting for opportunity to enter short

Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news

Comment

Comment

In and out, trade closed.

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