Venture13

Accumulating for weekly Take Profit. This feels as if we’re rallying the horses. Find Risk management levels in the weekly and you’ll understand Weekly Take Profit % > this small 2% move… Retest, reload… Time will tell… Be patient as there are levels we need to hold to see if what we feel is going to play out

Been following SUI for a while now and bullish formation still intact. Being patient for the “right” trade. What does the “right” trade look like? I’m looking for price to enter or come close to the last higher low in the most recent fractal. You can see me tracing HH & HL within a higher timeframe to verify direction. To be more specific, I’m looking to enter around the last sell (supply) on the 4HR/1HR. I should see either a BOS or no new lows being made inside my defined range. An analogy I like to use is I must trade like Jerome Powell cuts rates. I need to first see evidence that the “economy” (price) is changing. Risk management is rule #1. If it doesn’t fit, be patient. There will always be another opportunity. ALWAYS!!!

Higher highs and higher lows. Properly managed risk will reward well.

Seems to be coiling and consolidating. Patience with good risk management will provide decent returns. Probably could take a couple swings with proper risk management. 🤔

Took an entry with a 2.75% SL. Will continue to manage risk until the structure breaks.

My current perspective is simple.The market flips supply into demandOR The market taps into demand.——————————————————While there can be trades taken between levels with proper risk management, these zones should provide the best setups. It’s okay to swing and miss; again with proper risk management.I am long term bullish & short term bearish.

Here is the current 4 Hour range within the 1st zone I was looking for. Personally, I still see more downside as bears are still in control. There is potential for a breakout on the 4HR but confirming congruence on the Daily has me hesitant as the Daily Timeframe would still hold a downward trend. ——————————————————————Diving further into the structure of the candles I noticed there are more wicks from the bottom side of the candles than the top; a confirmation bears and the downward trend are still in control. Bulls are starting to defend this level, but to me it’s a sign that buy side liquidity it being created.If I’m a seller, this is a great place to manage risk for further downside. If I’m a buyer, I’m being patient as the retracement back to supply seems to be almost over.

Sui is bullish so long as the green box holds.Looking for a BOS/CHoCH on the 4HR. Until then we’re holding tight as further downside should be expected. Stay safe out there my friends!

Cardano Weekly Timeframe is still bullish.This would be a great place to manage some risk.What I’m looking for is price to at least touch the green box and then show a break of structure to the upside on the 4HR. Until then don’t catch a falling knife. Patience.

Structure is still bullish on a weekly timeframe.Looking at these areas to manage risk.Once the market shows signs of reversal on a lower timeframe it’s hammer time.What is hammer time?A bullish Break of Structure or Change of Character on a timeframe of 4HR or above. Until then I am patient.