TrimmerTrading

26/12/22 20:13 USDT ETH BTC

Long
BYBIT:ETHUSDT.P   ETHUSDT Perpetual Contract
20:24

USDT.


W1
Clear W1 uptrend
The uptrend structure was broken and we had a violent pullback into a significant liq zone.
HL confirmation and trend continuation
Exhaustion into order block and key fib zone.
We have liq grab violent push into order block and key fib zone followed by BOS, HL and potentially failed HH
D3
D3 shooting stars at 61.8 fib level and key liq zone.

D1
Exhaustion candles and violence pull back back into the key zone.
H12
Potential H and S and shooting star
H4
H4 failed HH head and shoulder into the sig zone.

I think we will wick up to the W1 61.80 zone creating a swing high perfect place for me to short.


There's also a chance we dump from here so bare that in mind. Where we break to the upside hit the 61.8s and then retest the lows.



ETH

W1
Same thing but with clearer HL confirmation, it is explained better in the video

D1
I think we are going to dip back into this liq zone
We put a trade on that liq zone with stop under swing low with room for the spread. Entry is at 70.%
I think we could spike into the liquidity I am at
I also think we could break down even lower, where I will be ready to long.
BTC

H4
Same set up as the others but with more down side scope
Could go down to here


Thoughts and feelings: I feel like our strat is ready and we could long from here but I also think the top gs will get filled. We should just wait, there will be more setups. US500 looks interesting too. There's a lot of volatility coming up as the M1 closes in 6 days. I am worried I will get spiked out so should wait before going hard, I am happy to put the eth trade on for now.

M1 close in 5 days


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