Played the SFP at W range low too. Twas a nice one.
Just testing at this point. Trying to figure out how to systematically place SL in a safe spot, without sacrificing R too much.
Very simple trade setup. We have stops taken out in a supply zone with an SFP. Three targets. Keep it simple
I did not take the trade because I still think the market will rally eventhough this is technically an SFP. If I am doing this wrong please let me know.
unless this makes another high on the HTF, there is no reason to become crazy bullish. Still bullish on a macro scale but still expecting the 9k lows to be taken first. A LOT of liquidity under there.
series of SFP's leading up to major liquidity run of $9k low.
Pretty self explanatory, very minor SFP - but great reaction off of it. Targeting Range Highs, but am fluid on the upside target and will probably take profits in 1/3's marked on chart.
Good morning, traders. Yesterday, I advised our Discord members that I didn't like how price action and volume were acting around the $3450 range and was looking for price to target the $3400 level. Price made one more attempt after I stated that to rise higher, but then printed a bearish SFP and found support around $3400 which is the H4 S1 pivot. The move down...
BTC is currently in a very important support zone on the daily timeframe (range low). Although we've seen a large red candle two days ago, wicking into 3400s, there was enough demand to push the price back up and the daily candle closed back inside the range (potential swing failure pattern forming). The low wick has taken stop losses below, but the sellers...
+4000 BTC Longs margined in 3 days And look all those wicks and SFP Looks like someone is accumulating big bags
Good morning, traders. Bitcoin never could get going yesterday and isn't looking too strong at all today. As a matter of fact, we are currently seeing a bit of a sell-off as I type this. However, we should zoom out to the 4H chart and note that volume has continued to drop on the reactions and rise on the rallies since November 14th. Not only is the volume...
Hello guys, vOid here for another short update. Took me a couple days to make an update just because nothing really interesting happened to Ethereum. So let's start from the breakout that happened Oct. 8. So that day, we were able to breakout from that upper trend but as you can see we got a Bearish SFP, which brought us back to upper trend support. We found...
It's Friday, traders, and you know what that means -- liquidity drying up for the weekend as the larger traders take a break and enjoy some down time. This means it is easier to move price with smaller sized positions, so if trading be aware of sudden movements. DXY is getting a bit of a bounce today as I mentioned it would yesterday as a result of it hitting the...
From what I see on a daily. We have not much hope for a big reversal or change in trend. But neither i can see us going further low. First FA: We have taken out our Feb lows and made an SFP (swing failure pattern). At this point, there was a lot of liquidity that caused this pump we saw recently. But don't think that 300$ up is how the bottom looks like....
SFP on a big level with MACD divergence and beyond ATR EUR is in a large downtrend, however this trade has a good R:R and after this parabolic move down a decent probability of a retracement at this time. Hit market and got filled at 118.779, note I was a 10 minutes late in spotting this, then paid up a few ticks to avoid being left behind, it subsequently...