TheMeditrader

Bitcoin Short Set-Up Price has recently been rejected three times at a HTF order block, with the last rejection being a liquidity sweep which ultimately end up breaking through a bullish order block to form a CHoCh; this creates a breaker block. I'm looking to enter short on the retest of the zone and targeting daily downside POI, specifically a bullish OB. Wait for confirmation and always listen to what price is telling you. The Meditatrader

Hope some of you were able to take advantage of this trade too!I'm now fully out of my position and will await another set-up.The prophet of profits,The Meditrader

After an aggressive sell-off, finished by what looks to be an exhaustion bar, my ideal trade will be enter long on the 4 hour order block and ride price action up to the daily order block, where I expect lots lots of selling pressure to come through. I think it's very possible that price will surge to the 50% retracement of that OB where it will be the consequent encroachment of the fair value gap.Orders are set and now I let the trade play out.All the best,The MeditaderUDATE: After seeing a strong reaction in my entry zone, I've taken both my positions and have adjusted my position size to match my risk tolerance.

The head and shoulders was in fact being formed and so now I'll be targeting levels indicated within this chart.Happy Trading,The Meditrader

Bitcoin has been making a bull run as of late, recently breaking out of consolidation and is now trading within a bull channel.Although price can certainly continue to climb the channel and we'll have to wait for conformation of a change of market structure, price action looks like it's offering a potential head and shoulders with the right shoulder coming into 4 different key areas:1. The right shoulder of a H&S pattern2. The mean threshold of the 4HR rejection bar3. A supply zone with a 4H OB4. A liquidity sweep above the last change of characterOnce we get into this zone, I'll be dropping to a lower time frame and looking for some optimal entry signals.Don't guess, assess.The Meditrader

If you have any questions about this trade, please feel free to contact me.

I’m looking to enter 3 short position on Bitcoin if we can get a test of the mean threshold above. Bitcoin can be volatile in that it might take out the bayside liquidity if it gets up there but I’m hoping see a clean rejection at the MT and ultimately a move down to the lower Mean threshold.Take profit 1 is at the first order block.Take profit 2 is at a POI with has 4 confluences.Take profit 3 is the stretch to hit the mean threshold and seek sell side liquidity.Happy Trading!The Meditrader

BTCUSDPrice moved aggressively to our target and I manually exited my positions with a solid 12R gain. I've now entered the backside short position with a 1 R risk, knowing that I will walk away in the worst case with an 11R trade here.In profit,The Meditrader

BTCUSDI'm currently in this trade to the long side for the majority of the overall move (12 R) , but there's still a chance to capture the potential 4 R trade to the downside.I'm expecting the bulls to push the price up to the pre-break level and take out that imbalance before making a move back to the downside and test previous support, both of which lines up with ATR.LONG--SHORT

BTCUSDAfter the bears' strong attempt to take prices down, the bulls have regained control and an ascending wedge is being formed, suggesting higher prices in the form of a second leg up in the near future.It's possible that we see the bottom trend line (dotted) be valid, which would extend the range for a longer period of time, but I think the next breakout upwards will likely happen within this week.My suggestion would be to set a pending order with appropriate risk management and to let the trade play out.The Prophet of Profits,The MeditraderI am giving my SL a little more room, expecting a possible liquidity probe before the move up. We have a nice trend line formed on the hourly which is setting up for a potential breakout and therefore the move up.