priceactionTR1

eth usd short idea

Short
FTX:ETHPERP   Ethereum Perpetual Futures
So here we are, after 2 consecutive stops on my last ideas. But, this time let me drop a one time explanation in detail :

Most of the time, I can't find enough room to plan& manage my trades and ideas at the same time.

It's also time consuming and distracting. So that holds me back to share every single trade I take here.

And as I'm doing it, I don't want my profile to become a log of full nonsense ideas just trying to make successful guesses, I prefer these ideas give you applied examples of the concepts I've told on my youtube videos.
That's why I update on each step I take, telling what I think at that time, and how price behaves after that decisions.
Even I might be wrong several times, I believe its valuable to see and show what went wrong or what you can do to take this one step further.
Because this is the nature of the process, honestly. You might be convinced that twitter or instagram traders are doing with a %90 win rate, but that's absolutely not true =)

At the end of the day, its all about you, your account, and your decisions. so just focus on what market is doing, how you will react to it, and how you'll invalidated / confirmed,
and how you'll ride your winners more and get out of your losers with minimum damage.

So take this idea as an example, do not trade it as most of the ideas on social media, but make your own version from it.

Price is reaching a bearish retest level, since the HTF( daily) still bearish, I'll give it a try to my quasimodo strategy : https://www.youtube.com/watch?v=xg1CJkQ-Hzk

placed my offers between 2051 - 2057.

if we see a 15 mins close above 2064, I'll flip to long. and I'll use the red area as a support then.
So the stop is 15 mins close above the level.

Thanks =)


Comment:
we'll be flipping here , if it goes up further , my risk is limited to 1.5 R :

Trade closed: stop reached:
stopped for -1.5 R. asian night bulls don't give sht =)

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