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_Patrick_
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I expect a fake move to 95-95.3 zone and immediate displacement down
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could you please tell me whether it possible to subscribe to such notifications? If yes - how? Thanks in advance
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$BTC FOMC meeting ahead guys, I do not expect rates cut this time but some volatility is something we can expect anyways. Provided bias is quite risky to trade and requires strong risk management skills but if it works there is a chance to gain some profits. Price below Fib 50% (discount area), we have some liquidity pools above current price level. Spike up to grab all those stops and liquidate gamblers is something reasonable. Once price is above Fib 50% (premium market) go down to 5 min (or even 1 min) TF and observe price action for potential structure breaks. Let's see if it is correct. If it's I'll post additional message where profit taking areas are. 3-5x leverage, forget about 100% margin and set stop above recent high (4H). Follow t e l e g r a m fishes_armyfor for more updates
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Trade setup idea Once a liquidity pool at 4H timeframe is wiped out, go to the 5 min timeframe and start looking for market structure shift e.g order block followed by FVG (fair value gap). Take a look at screenshots, those illustrate what's been said. Do not take my word forward, go to your chart and try to find out such setup by yourself. Once you master it on demo account, get rid of fear going short you can start try to trade this setup with live money. I promise, this is easiest setup possible, a main obstacle is a fear. Retail traders see a bull flag and go long, pro traders short here with stops a couple of points higher a recently formed high. Be a part of the pro team. Follow pinned message for more Be safe $BTC $BNB $ETH #BullRunAhead
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$BTC | Analysis | DYOR Hi guys, let's briefly review what is going on with Bitcoin and what can be expected. The attached screenshot represents the daily Bitcoin chart. There are two areas (see screenshot) where a reversal reasonably can be expected. Both of them characterized by the Buy Side pressure and inefficiency of sell side. Market always delivers price to such areas to fill them up. In addition to that I marked where the nearest sell side liquidity in terms of buy stops is residing. Paying your attention that for the last 4 month the price stays in the premium market area (above Fib 50%). Big players sell in premium and buy in discount (below Fib 50%) where retail crowd cowardly selling their hard earned assets. Price keeps printing lower lows and lower highs on the daily timeframe which is a strong sign of high selling pressure from market participants. Do not be fooled by this pumps which happen almost every day, just see how fast price drops back and create a new lower low. All these moves designed to liquidate high leverage traders and wipe stops out of the marketplace. I recommend to stick with timeframes NOT lower than 4H to enter relatively safe positions. Stay safe and follow for more updates Me on X - @whale_by_mind
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