Trade-Journal

โš ๏ธMY NEXT PLAY! 25/3/24

BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
Hey everyone, let's talk about my next trade plays! ๐Ÿ“ˆ๐Ÿ”

For the first one, I'm keeping an eye on an R1 range model rotation from this range high. ๐Ÿ”„ I'm waiting for a bear signal before making a move. ๐Ÿป

Now, for the second play, if we break out of this range, I'm looking for a reaction at the 24M supply zone above us. โฌ†๏ธ But I'm a bit cautious because we're near the all-time high (ATH), so I'll need clear confirmation before taking any risks. โš ๏ธ

Next up, it's another R1 deflection off the ATH. ๐Ÿ“‰ This could be the trade of the month if it turns out to be the top. ๐Ÿ’ฐ

And last but not least, a continuation play off the prior old range, coinciding with the value area high (VAH) and a breaker block. ๐Ÿ”ฅ

Remember, trade responsibly, guys, and always use good risk management! ๐Ÿ’ผ๐Ÿ’ก #TradePlays #RiskManagement ๐ŸŒŸ


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