OPUSDT - Change Of Character and Break of structure. Up we go!Choch!!!! ✨
I will long now and with limit order I will long more if pullback.
Nothing fancy super technical analysis. Just basic short term trend came to an era and top trend level broke. Setup was already very nice because there was already change in structure. New we continue BULLLLRUNNN! :D BTC is also in good form so hype is real. 🎬We are close to that moment when newspapers start to react again. 🎬
My stop loss is too tight as always. Don't do it like I do. Give more space because it is possible that we need more liquidation from below. But I am an gambling idiot so I do it like that.
I may even raise my take profit level as high as 2,75.
🎭 Change of Character (ChoCh): Unmasking the Drama in Trading!
In the thrilling world of trading, imagine "Change of Character" (ChoCh) as the plot twist that keeps traders on the edge of their seats. 🍿✨ This nifty concept isn't just a shift in market dynamics; it's the showstopper signaling potential reversals. 🎬📉
🌟 ChoCh Unveiled:
ChoCh, our trading superhero, swoops in to signify the initial shift in order flow. It's like the plot twist that hints at a potential market trend reversal. 🦸♂️💨
🔮 Bullish and Bearish Adventures:
Whether the market is on a bullish joyride or a bearish rollercoaster, ChoCh is there, catching the subtle cues when a demand or supply zone takes an unexpected turn. It's like the "aha" moment before a plot twist in your favorite movie! 🚀🎢
💡 Fractal Fun:
ChoCh is like a shape-shifter; it appears on any instrument and timeframe. It's the chameleon of trading, adapting to the big picture on higher timeframes and the nitty-gritty details on lower timeframes. 🔄🎨
🌪️ Break of Structure (BoS): Navigating Trading Turbulence!
Now, imagine BoS as the turbulence that shakes things up in the trading sky. It's like hitting a pothole when you least expect it – a bumpy but telling ride! 🌩️🛫
🚧 BoS Construction Zone:
BoS occurs when the market structure hits a roadblock. Picture it as a construction zone where the previous trend hits a detour. It's the trading GPS saying, "Recalculating route – potential trend shift ahead!" 🚧🗺️
🤹♂️ Juggling Trends with BoS:
BoS is the master juggler, handling the highs and lows of market structure. It's like a trading circus where BoS keeps the trend balls in the air, making sure traders don't drop the ball on potential opportunities! 🤹♂️🎪
🧠 Conclusion:
In the theater of trading, ChoCh and BoS are the dynamic duo, weaving a narrative of trend shifts and market twists. So, buckle up, traders! It's not just numbers; it's the storyline of ChoCh and the plot twists of BoS that make trading a thrilling adventure. Happy trading, and may the trends be ever in your favor! 🚀📈
