BTC Long- Day trading The first line of defense didn’t hold, and price has moved toward the Overlapping defense alongside the Fair Value Area.
I believe this level may hold, though once it reaches the target or gets close, we might see a temporary pullback or consolidation. For this reason, this trade requires close monitoring of price action, especially on a day full of important news. Be safe
Candlescience
BITCOIN BULLMARKET📊 In technical analysis, the most important time frame is always the highest one. For Bitcoin, it’s the yearly time frame.
🔴 Historically, after a red yearly candle, Bitcoin follows with three green ones. Don’t be swayed by macroeconomic fears or geopolitical conflicts.
🚀 The Bitcoin bull market is here, ticking like a time bomb. Any moment, it could explode, and the crypto market will follow.
🎯 Protect your capital, invest with a solid entry/exit plan, and manage risk wisely. Success comes from discipline and executing your plan to the letter.
XAGUSD BULLISHI strongly believe silver is set for a major rally in the coming months.
To begin, I'm entering this swing trade with 12 key arguments I've identified, where 90% are bullish and only one is bearish.
Bullish Arguments:
Monthly PCH being disrespected
Monthly PCL being disrespected
Weekly swing low not respected
Weekly Bullish FVG being respected
Daily Bullish FVG being strongly respected
Daily swing low not respected
4H Bullish FVG being respected
4H swing low disrespected
4H swing high disrespected
Bearish Argument:
Daily swing high being respected
Trade Management:
Stop Loss at yesterday’s low ($29.70) since a rejection would signal a continuation into the daily FVG, giving us a better entry.
Take Profit at the swing high or near buy-side liquidity to lock in profits without being greedy.
Risk/Reward Ratio: 4.69
Risk: 2%
Bitcoin probabilities: 60% Bullish vs. 40% Bitcoin’s Bullish Momentum is Losing Ground—60% Bullish vs. 40% Bearish Probability
The bullish case for Bitcoin has weakened slightly due to several conflicting signals across different timeframes. Here's the breakdown:
Bullish Factors:
🚫 Monthly PCL disrespected
✅ Monthly Bullish FVG respected
🚫 Weekly swing low disrespected
✅ Weekly Bullish FVG respected
✅ Daily Bullish FVG respected
🚫 4H swing low disrespected
🚫 4H swing low swept
Bearish Factors:
✅ Daily swing low respected
✅ Daily swing high respected
✅ Daily Bearish FVG respected
🚫 Daily Bullish FVG disrespected (so far)
Given the mixed arguments, it’s crucial to wait for further confirmation before making any moves. Strong economic factors expected this week could shift the market. Don’t get liquidated—patience is key! 🧘♂️ Master it to stay profitable. 🏆
USDNOK ShortBearish Probabilities for USD/NOK: 88.89%
📉 Bearish arguments:
- Monthly PCH respected.
- Weekly FVG respected.
- Weekly swing high swept.
- Daily PCL disrespected.
- Daily swing low disrespected.
- Daily bullish FVG disrespected.
- 4H FVG respected.
- 4H swing low disrespected.
- 4H swing high respected.
📈 Only one bullish argument:
- Monthly PCL respected which is our PD Array.
Trade Management: SL is positioned at the start of the Daily FVG, as a break there would signal a clear reversal or consolidation. TP is placed at the SELL STOP level, although if reached, the price may quickly target the DOL point. I will lock in profits at the first target and look for another entry afterward.
Risk: 2%
R/R: 2.06