🔸 Limit Buy $BTC order is already set on @tealstreetio 🔸 SL is placed at a $7 loss 🔸 $40 position on 20x leverage 🔸 Trigger: Monday (L) liquidity taken + Monday range reclaimed 🛩️
Slow grind toward the 💲200 milestone for the ($100-10k) #challenge account.
Idea for a scalp long on $BTC . We've taken liquidity from both the top and bottom of the Monday Range. In my opinion, the price is heading towards the nPOC level, where I’ll look for a bearish structure and an entry for a #short .
I closed my $BTC #short position with a $30 profit earlier than planned. We just formed a bullish SFP at the H4 Order Block. I’ll wait for a slight upward retracement and look for a spot to re-enter a short.
Summary of the $100-10k #ChallengeAccepted account:
I closed my $BTC #short position with a $30 profit earlier than planned. We just formed a bullish SFP at the H4 Order Block. I’ll wait for a slight upward retracement and look for a spot to re-enter a short.
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- 99k minimum range for my #short - 96.4k nPOC (?) - 94k LOTS of liquidity (??) - 91.3k VAL (???)
I will likely close the $BTC position at the first or second TP to catch a scalp #long position. If I see the bulls struggling, I’ll look for a re-short at a Breaker Block or FVG or another liquidity zone.
I'm considering a deeper move up, but in my opinion, the direction is clear. Entering a #short at the OTE level. For now, I'm not setting an SL due to the potential for further upside. If I see bullish strength, I'll exit the position manually.
If you ask me, Asian pump is just as bearish signal for $BTC as the pump at the NY opening. #Bitcoin took liquidity from the Buyside Liquidity and most likely monday and tuesday will be red.
Feel free to check out my current Bitcoin analysis.