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Winlev

WinLev Continuation: Double Bottom Pattern After Hitting .618 Re-taking this trade. Double Bottom Pattern + Higher Low Present on OTE Zone. Plus, Winlev pattern is not yet invalidated(just the stoploss that I set). So, re-taking the trade and expect it to hit the original tp. Just tp 1 on opposite orderblock and tp2 on original target. This is good because I'm re-entering on a lower price point. = Recoup initial loss + Higher Profits if tp 1 and tp 2 is taken.
BITSTAMP:BTCUSDLong
by HaribonALT
WINLEV + PULLBACK OTE OB Pattern: Failed.WELP. SL HIT. It got so close to TP point yesterday though. Sad. Anyway. Reason trade failed? 1. Strong resistance 2. Too ambitious tp point? 3. I should have closed the trade once I saw price made a lower high and flipped to the downside. 4. Maybe I should have made the SL or even entry point a lot lower than the FVG? Current price just bounced from the FVG and it looks like a good re-entry point. I'll see what I can do.
BITSTAMP:BTCUSDLong
by HaribonALT
"WinLev" PatternAt this point it's just called WinLev and MaxLev Patterns lol. Bullish = WinLev Bearish = MaxLev I was away from charting for a few days, so I didn't see this forming. Well, there's that. There will always be new opportunities for trading.
BITSTAMP:BTCUSDLong
by HaribonALT
Updated

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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