This is a risky one, so please manage your risk accodringlyi0 I think it worth a try.
I believe we're on top of a distribution, so a retest of UTAD looks best for an entry. Multiple orders added into red box.
This idea is based on a regular gap structure.
And the stop is a hard stop.
I expect a final liquidity run to make sweat trapped shorters a little bit more, and possibly fill the gap at least to green box. Green box may be a good area to flip to long, but we'll see.
I'll close the position if I see an hourly close above entry.
Trade only your own ideas and...
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...
This is a 2 parts entry idea, based on 4hr. HTF is still bearish, so please manage your risk.
I know this is a risky one, but RR seems worth. stop is 4hr close below 31630.
++ Price is ranging for a while, and this seems like a wyckoff accumulation. potential target is 47-50k.
-- HTF is still bearish, and we're visiting the green box support once again, but...
sorry for the messy chart, I was in a hurry.
This idea is only valid if we fall below the red line. stop is 1 hr close
we might be in a small accumulation and near a early spring. if the price falls below, we might see a wild spring area bouncing in the green area below. So this means, we have a local dip, and might go up to the same entry as this...
So this is still a experimental, but has a high winning rate. (except a genius smoker changed his bio to btc and tweet about doge :) )
First of all, not a financial advice and make your own decision.
Only you are responsible of your wins and losses.
Price made a lower low, and and now bearishly retesting a pullback level.
I put my asks to red box, and keep...
This is a level we expect some up move. it can be bearish retrace, or a complete reversal in this timeframe and a bearish retest of a higher timeframe.
Anyway, its worth to try some bids. (levels on the rightwith red)
So the red line is a daily level, which we need to go back today if we wish to hold a bullish bias on HTF.
stop is 2hr close below the level.