Looking for a long after swing failure of last low target into top supply zone .
Taken a short after swing failure of last high into top supply zone.
CME:BTC1! BTCUSD.P BINANCE:BTCUSDT Will Bitcoin hold $16000-Falling knife or Swing failure pattern? Is taking a long trade here a good idea or will we lose $16K? I look at price action as it happens and what levels to look out for if we lose $16000. If this is a Swing Failure pattern playing out, I explain how I will trade it Not Financial advice Trade with...
Swing failure pushes the price toward the trend highest low. The trendline break below is mostly possible! Bollinger Band got narrowed and waiting for price volatility to S1 Range trade is possible after the S1 and S2 until the 200 SMA Scenario
This can be a bear flag and also BTC got make Swing Failure Pattern. Last Day Candle bearish doji Target of Bearish Flag pattern 12K
Bitcoin is facing resistance from .786 retracement (pulled from 52k high), but I would ideally like to see the high pivot at 48.5 taken out as a liquidity grab/swing failure before heading lower. There is a mnPOC and order block just above the pivot.
I really like the push this market had off that green zone, it has come back up to tag it, and now looks to want to do the same thing again. Stop is tight here with 0.5% risk but shows great promise if it plays out
we are seeing an ABC down after the "breakout", with B is a triangle on the monthly pivot we made a triangle on low timeframe that suggest it s a wave 4 and we are heading to 36.150 triangle target that is also the 0.618 of wave A if we make an sfp of the last low 36.3k it would confirm this count
SFP: swing failure pattern Swing failure Pattern is a common trading setup that is highly respected and repeated frequently. It is used to identify lack of buy/sell pressure when a trend is being broken. What’s in the name? 👉 When the markets are trending, they tend to make swings. These are associated with ABC patterns (see image above). 👉 In this...
Is it going to be a swing failure pattern to burn all the bullish people, or is the uptrend reclaimed ?
Bitcoin just had a swing failure pattern of the low, really nice. I missed this due to work etc. Now waiting for another low in the range. fib lines up with the daily (low of the range). Will take a lon with a stop loss under the low. take profit in the middle of the range at the point of control
I would like to see a SFP of the Given targets either the first box or the second if it happens . We may drop from here but that is not the short i want to take . If the SFP happens i will be taking Profits within the 55K area where i expect support to hold . This is just a potential idea that may play out going into the weekend so its worth setting some...
I will be looking for one of the short setups you see in the chart to potentially play out over the following day offering great returns with minimum risk . I am hoping to see a swing failure pattern of the previous swing high targeting crowded stops and then a move to the downside . You can decide if you want to pre set orders or wait for confirmation , I...
BTC going up inside a Bearish Wedge pattern . I do not advocate blindly shorting here but just something to consider based on the right credentials. As displayed within the chart I would like to see a SFP of the highs and a Max Pain scenario play out . BTC does not neccesarily play ball just because an obvious pattern is visible, Many times I have seen this...
Like I stated before, if price goes back above 90 and successfully retest the lvl, then bulls have the chance. If not, potential play is to build up shorts inside supply zones, then close the shorts and flip long once the price lvl is inside the buy zone.
closed my buy position in profits now to a sell! Lets see what happens!
Will see if pivot will be tested again than I will enter!
This week is nothing but reverse bart patterns and scam wicks! I guess this is the result of decreased liquidity caused by the slowly declining volume during the consolidation phase. Bitmex is trading below 2 billion volume as of now, yet open interest is on the slow ascending trend. This tells me the accumulation is taking place possibly by big fishes. In...