$EIGEN Waiting for a good confluence on the H2 chart to try a quick scalp. At the moment, the price has already reacted well from the demand zone, but after such an aggressive move, I prefer not to chase the price in the middle of the range.
The idea would be to see a clean pullback into the highlighted area, perhaps with a small deviation or a fake breakdown to absorb liquidity, followed by a decisive reclaim with volume and valid triggers on the lower timeframes. Only then would the risk become truly manageable, and it would make sense to look for a quick long towards the local highs.
Monday is likely to be another slow day, with low volume and little real market activity. And that is precisely the main problem at the moment: we have been stuck in the same range for days, with no real breakout or structural confirmation.
In such conditions, it makes little sense to force trades in the middle of the range, because price action becomes noisy, manipulable and full of fake moves. For this reason, on higher timeframes I am only considering two key triggers to be valid:
a strong reclaim of upper resistance levels with acceptance and volume or a sweep/deviation on support levels with an immediate reaction
Everything else in between is, for me, simply noise. $BTC Once the Monday Range closes, I will have much clearer levels and will be able to set more precise plans, with clear invalidations and a significantly better risk/reward ratio.
Many ask for this name $WLD It’s more of a gamble than a sure thing! Let’s see if it holds at these levels; we could go for an expansion, but it’s very risky
$BTC For a couple of scalps in the lower TMF range, you can only trade on deviations and triggers; otherwise, the broader view is simply set out in this morning’s post
$BTC Here, I’m observing the market from a distance. As for the scalping we do on a daily basis, that’s a different story; we trade on lower timeframes based on deviations and levels derived from Monday’s range. I clear the chart, mark a few key levels and wait for the price to come to me. I don’t anticipate anything: I only react when the market reaches areas where it has to make a decision. Above, I look for weakness; below, I know where it can go if the structure breaks down. In between? Noise. Fewer trades, but meaningful ones. The direction emerges on higher timeframes; I refine the entry on lower ones.
$FET Following a strategy means stopping reacting on impulse and starting to think like the market.
When the price reaches a key level, it is not a signal to enter. It is a time to observe.
Most traders get it wrong right here: they see support and buy, they see resistance and sell. But the level alone is not enough.
What really matters is how the price reacts in that zone.
I always look for three things: first, liquidity is absorbed, then a reaction occurs, finally, the market shows a direction.
Only then does it make sense to enter.
If support holds, I don’t buy at the low: I wait for the price to show me strength. If support breaks, I don’t chase the break: I wait for it to pull back and fail.
A trade is born from confirmation, not from hope.
Because in the end, it’s not those who take more trades that make the difference, but those who avoid the wrong ones.