Patrick2707

Patrick2707

The annotated liquidity ranges have held as expected and are given us pa to the upside as expected (previous post). Been tape reading and got a sniper entry. First partial taken and looking to see where price goes from here. Stops are flat and risk reduced for now. Patience payed out and the impatient shorts and longs have been trapped. Expecting further...

Patrick2707

Here are a few levels (liquidity zones) for further confluence to the previously shared ETH range trade idea. As long as these levels hold you can play scalp trades to the extremities of the range. Currently preferring a long scenario to take out the overnight liquidity resting at the highs. Patience and the market will show us its hand.... Stay safe and never...

Patrick2707

ETH is currently in a tight and clean range below the HTF range lows. Mark out these levels on your charts and watch how we react. Highs are currently standing around 1830$ and the lows around 1820$ (and liquidity around 1810$) I expect these levels to hold and be of importance for the London session. For the time being you can play the range. Deviation and...

Patrick2707

The last SOL trade did not give us the full expected move but did give us some good pa to the downside. IF you've followed the plan congrats and hopefully you have learned some more about pa, taking profits and 'early' exits to limit your risk. What is next??? Personally followed the given plan (until failure) and shorted the new highs created. Got a great...

Patrick2707

Entered two short positions on SOL. Expecting us to retest the bottom part of the range (and the liquidity resting at the equal lows). Will look to reduce my positions on a clean break above 24.525$. Entry: market TP: 24.400$ TP: 24.235$ SL: above current deviation sitting around 24.600$ Stay safe and never risk more than 1-5% of your capital per trade. The...

Patrick2707

The DXY has been respecting our levels quite to the tip lately. We have had CPI and PPI during the previous week so let's see where we go from here. We are currently back into Monday's gap (3rd) We are essentially running for the liquidity left before the drop. Our overall perspective for the DXY remains the same. Bullish and most likely targeting 104's and...

Patrick2707

Let's get back to OP and see what it can offer us. Personally thinking OP is going back to around 1$. We CAN have ideas and biases but we CANNOT IMPOSE THEM ON THE MARKET. So let's see what PA is telling us. Shorted OP at market (average price of 16589$) and added some more already to my position. Personally targeting 1.20$ -1$. Stop laying around 1.80$ for...

Patrick2707

ETH has been looking a bit too choppy for me so been tape reading and haven't taken any recent trade. NONETHELESS, you guys deserve some analysis and perspectives so let's goo... what is up with ETH. We are currently sitting at the lows of the lower timeframe range (a clean range within a range). IF BTC gives up expect ETH to do so as well but with even more...

Patrick2707

Not much has happened since the last idea posted (range overview). Personally been in a BTC short from around 29200$ and we are finally getting some direction to the PA. What is next? Expecting BTC to trade further down and to bring the rest of the market with it. IF we fail to get a clean break and hold below 28915$ I will look to reduce my position. Stops...

Patrick2707

Just like the rest of the market SOL is currently giving us some room for shorts. Weekends aren't usually the best days to trade - BUT it never hurts to trade during these conditions to perfect your system (and learn from your possible mistakes made during the week). What is the plan? Easy... let's see what the charts and pa are telling us. Entered a short...

Patrick2707

Been in this AUDUSD for some time and finally getting to my first tp. You can see the overall big position and the extra trade taken in between. Pretty simple play incoming. IF we break and hold below the red level we will look to add to shorts and target the lower range sitting around 0.62$. IF we fail to break and hold below expect price to get back to...

Patrick2707

LINK short from yesterday got ran and personally stopped at BE. As you can see I've taken extra positions later during the day and earlier this morning. Waiting to see if we reclaim our level and start pushing up. IF we reclaim and hold, you can look to long towards the previous highs. IF we fail to reclaim, you can look to short and/or add to your current...

Patrick2707

We are currently sitting around the lows of the range and we will wait to see how we react in the coming hours and days. The following analysis is to be set in correlation with the previous LINK short idea. BTC is currently sitting around 29.8K. IF we deviate the level and start holding above 30K we will have to look for longs IF we break below 29.8K and hold...

Patrick2707

I hope you've all been doing good and having an amazing week alone or with your loved ones. Markets have been quite choppy this week but have offered great opportunities to perfect your systems. Personally 7/7 for this week of trading and currently in a LINK short to end the week. The current market conditions are quite indecisive and yet offer a great...

Patrick2707

BTC has given us some nice pa for the last weeks. Let's see what opportunities we will get today. Entered in a short pre-market at around 30.4K. Looking for a retest of yesterday's lows and the lows sitting around 29.8K. A clean reclaim above 30.6K and the trade is invalidated. Stay safe and never risk more than 1-5% of your capital per trade. The analysis...

Patrick2707

BNB is playing out nicely so far to the downside. Been in a short for some days and have added some more to my position (avg entry price 238.23$) with initial stops rested above 260$ Ranges are holding nicely so far but what is next... We have deviated the current highs and failed to reclaim. Expecting further downside towards 200$ and 185$-182.75$. IF we...

Patrick2707

GOLD plan is similar to the OIL plan recently posted. Price action is setting out more or less in a similar fashion. Similarly to the OIL plan I am currently on the sideline and will wait to see what pa gives us. So what is the plan? The top black line sitting around 1936.30$ is the final stand for the short idea. IF we trade above it and start holding the...

Patrick2707

OIL is currently failing to create new highs at our annotated levels. Red line represents the 'line in the stand' which should not be breached. Basically the invalidation for the short idea. IF price breaks it and holds above 72.70$ short idea is no longer valid. Personally on the sideline and expecting a deviation. Entry will be below the black line sitting...