Long

BTC USD long IDEA

Aggiornato
We have been heavily bearish, and the market structure has shifted in favor of the long side. I'm anticipating a continuation higher to potentially reach the targets indicated.
This is an extremely volatile pair; if you fail to maintain a reasonable stop and leverage, it could be uncomfortable.
My point of interest is the yellow line.
My bets are on the long side despite being in a massively bearish trend.
Secure positions, partial and play accordingly.
Possible to hold positions to the day's close
If you look to the left, we have a massive imbalance that has the potential to be filled.

If we continue, lower, I'll mitigate losses, manage risk, and re-assess my idea.
Nota
19821 partial
Nota
once we sweep 19996, id trail my stop closer but not at break-even yet
Nota
taken more partials
Nota
From the reaction, the market is primed to go higher. I'd recommend avoiding taking shorts unless you are great at anticipating short-term reversals
Nota
Scaled out, stop trailed to break even
Nota
Remember we are still overall bearish, don't push your luck!
Nota
Scaled out some more trailed stop higher. Risk-free
Nota
the imbalance has been rebalanced as anticipated. if in, you can scale out and manage risk accordingly
Nota
Profit target 1 achieved and secured
Nota
We are approaching the close, as expected you can liquidate your positions and leave a few on to the next day
Nota
20817.09 partial
Nota
Trailing stops higher and securing positions
Trade chiuso: obiettivo raggiunto
Target achieved, collapsed all positions
Nota
Final target achieved
Beyond Technical Analysis

Anche su:

Declinazione di responsabilità