BTC USD UpdateWe got a new higher low of 57477.00 yesterday, so I do have still 1% in the game, and the destination is the 4h Neg OB higher. So, I'm not trading this range as a swing trade. If I see a 5-minute scalp, I'll take it with a low % trade. It's mixed signals with the stock market and gold as well as dollar news. So, the price can do mixed signals for us. So, I'm very particular with swing trades. I'm okay with risking scalp trades in and out in the same hour, etc. I'll keep posting if I see something.
Themarketknight
EUR USD UpdateThe dollar has been starting to movei downward , forming large bearish candles. Our current trade has been running low since last week. We're now adding to the position and scalping it down on any minor bullish bull backs . Let's see if we can reach the range low. I've previously shared a green box in my past posts to visually indicate the target area I'm aiming for. I'll continue updating.
BTC USD UpdateCruising in the recent range with a low of 55534.41, as long as this low is in place and not broken, we are bullish. It's price has had a few scalps for me, but nothing interesting to trade as a swing trade. I have marked my magnets of areas of interest. So, I'm targeting lows and then the high of my 4h Neg OB just hanging there. Let's see what market makers will give us. I'll keep posting if something I like.
BTC USD UpdateThe 1h is declining weekly -OB heavily, and 4h candles failed to push higher also. I believe I need to move my stop back to entry and stay strong to see if we get higher. The reason behind it is that overall, I'm bullish, so I'm willing to risk many trades to be break-even. But for sure, I don't want to miss a trade that actually takes the price higher. So, I'll let it do its thing. If it falls over, oh well, I'll make a new plan.
BTC USD IdeaOkay, my bearish targets got hit, and I don't want any more bearish trades. Bullish lows are controlling the price heavily, and we might see a push higher tomorrow. I'm only scalping in and out of trades with micro stops. Let's see what market makers really want to do. But if we are bullish and breaking out of the current range, I do have my target higher. RED ZONE on PIX , Let's keep an eye on it.
BTC USD UpdateIm stoped out of this trade via cready stop and now we still in same range, as long as range high stands On daily timeframe we are bearish, if we get trend higher it means we have now structure shift bulish or sideways consolidation option to trade. I missed all trades over london session , i was managing trades since thursday, so sleep was must. lets see we catch some good trades today with fundamentals. should be some action! keep u posted.
BTC USD Updatewe got stoped out from trade and we might have bullish current market conditions, our strategy is to wait for the range high to be broken and then target higher prices. However, the subsequent action will depend on the daily close. If it's above the range high, we'll have a new weekly structure with a higher low, allowing us to formulate a more detailed plan. we have lots of news scheduled for tomorrow, we'll focus on scalping opportunities aroud them.
EUR USD UpdateFinally got my TP 1 with the Friday plan, after staring at it since Friday. Oh well, now plan is to add on to the swing trade with the next bull back into the green box, which is the range 50% Ich. I'd be happy with it. I do not like the dollar. It didn't take a high while market makers were heavily selling off. So, it's like always nothing lines up great, but oh well.
BTC USD UpdateThe 4-hour candles are showing strength, but be cautious as the NY session could easily push the price higher toward the next liquidity thru level at 58,531.25. While the 1-hour chart is showing a weak price movement, I'm waiting for a clearer signal. It doesn't seem like I'll be entering a trade right now.