BodiesXWix

$BTC - Long Between Order Block/Rejection Block (Smart Money)

Long
BodiesXWix Updated   
BITFINEX:BTCUSD   Bitcoin
-techniclly if you're following my previous Idea, we're still not out. I'm just making another setup for anyone who didn't catch my earlier I dea, better setup too. Will type more, just want to get the idea out there that this should be going long and check my linked idea for previous info.

I'll complete all of this in 15
Trade active:
***Smart Money vocabulary used so if you are not familiar with Smart Money Technique and you must understand that there is no Supply and Demand , the chart is controlled by an algorithm. Period. If you do not believe that or have an open mind into believing that, you will have a hard time understanding Smart Money Technique. This is what the Big guys with the money don't want you to know that it's an Algorithm****

New Developments, Fairly qual highs are now in place, causing a retail trader to think short term "Resistance", and that's exactly what they want you to think, thats why I say go long now and even if it only gets above the short erm highs, which have Limit Sells and buy stops near 54725 (the green line that says liquidity) When the price is seaking to add more liquidity t the market, best way to do it is with equal highs or equal lows and spike through em a couple of times to get the retail traders to chase it. Most retail traders don't have a Bias, and you need a bias whether you're wrong or not, because even if you're wrong, you can still win if you play it right. If you don't have a bias, you only have a guess and you'll be chasing the chart on both sides.

Entries, between halfway on last bullish order block (53,805.4) and rejection block (53670.5) or lowest bodies that have hit the median 15 MIN FVG

Aim for price to get to short term equal highs, this is where liquidity lies and wht the price seeks to release into the market, the more liquidirty in the market, the more money is to to be made 54725.0. Even if its the only trade you do, get near that point take some profit and move your stop loss.

if you can keep going look above to the golden area, or at least the bottom 55213.5 that's a redeliver-rebalance after a liquidity run from yesterday, price will want to hit that as it acts as as a void ... and rebalance as price always looking for balance and liquidity.

Lstly, still going with the top of the 4 hour FVG - 56011.0 AS THE ULTIMATE GOAL.

But even if you only get to the Liquidity pool above the equal highs and take 50%, move your S/L to even and hit even again, meh. You still won, right? Always take partials when possible, but don't overdo it because then your psyching yourself out that you can't think it will got that far or that long.

It's slow out the gate, but it's doing what we want
Trade active:
Get an alert telling me it's at the order block Bearish order 54,588 and I finally poke up to pay attention. I still have a feel ing it might go sideway and then we'd see. string move near 8 am. Nope the next thing I know Ii'm throwing lots with Coin-M Bitcoin Futures and USDT-M Coin Bitcoin Futures, so I 'm trading bitcoing twice, With one I'll gain tether and the other I gain bitcoin. Momemetum starts to slurry and All I can remember is wait for the lowest rea to unload and spend as much money on this as possible, possilby moving up a the S/L to stay safe with a lot of risk. I'm usually on to get a fair amount about a trade right that I can continue to trade. What was wrong here? I was $10 short of the complete 4 hour fair value gap.It's still going to complete the entire FVG, O at least I think it will, actualy make it to So I held to on to as many lots on both as log as I could. I could and it. But to make sure I didn't walk away any kind of loser I waited to se what the price was going to do in the top 4 hour FVG. Once it closed on the out side down (becuase usually fair value gaps have a tendency to do a quick fake out and return back to the top or bottom or whatever bias you have for the chart. But before we got there, price was going eratic and I just remember to sty calm and collected to try to get the most out of these once in a few week trades. First of all, I wasn't lying the last couple of times that price would come back to that reach. You have to be able to understand it and and see it in the algorithm. If you think you need help with this area, please contact me, I can teach you some things you may need for life. lol hehe. No but seriously, ICT doesn't even touch crypto. Yet I use his methods for Crypto all the time and they're pretty the same. It got me to a 4 hour Fair VailUe Gap top that I know it will still hit at 66,100. 66,000 close enough, maybe I should but have a closing position on that. The other right wants and needs higher.I closed half at 55655.0 becuase it fell out of the 4 hour fir value gap. I still have half my pay floating out there but I think it can get higher that the extra 10 that I called for, However the current pull back seems to be the natural flow from premium to discount. Price did end up in that are that I promised. and then ultimately 10 dollars before my total goal so far. It slid back into a breaker, the bottom of the breaker is going to pissibly push it forwards, or we may see it head for the discounted level, and anything below 62% of the full wave. Or possibly the bottom of the current Breaker would be the lowest. Lets wait a few and see. Well I waited and it seems to be wanting to stay above the current breaker, so any small fair value gaps, or odd breakers mitigation. Here's list of the charts we wanted to focus on.
(Overall currently with removed s/l
s and where I have taken profit)
Entries, after profit taking where ti the SL/s go?
The price Busting through LIquidity areas but not yet making it to the top as I rthought it would close the 4 hour gap from april?/may? It will, you just have to have faith.
I have 25% set for the high goal to remove which leves me with 25% lest. We'll see what these target will be when we get there.

You're either trading with Smart Money Theory or your just burning your money money. Believe me, I've been there.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.