
drm3117
@t_drm3117
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drm3117

Well, you should know how to use that information, right? :D

drm3117

Can you make a good ans wealthy strategy out of only trading double top/bot? Yes of fucking cours :Dbecause weil

drm3117

ETH is forming a double top, nice confluence to what BTC is doing rn Maybe that's the turnaround and its going back down for now.entered already on a lower TF to other logics. was nice finding the DT after :Dfine run. also im tired

drm3117

Is BTC forming a H&S? Seems like! Its a "dangerous" time of the day, tho. GLHF/LFGLesssgoadidnt like that PA and was also ok that way. like germans say: besser taube inner hand als spatzdach so

drm3117

BTC printed a double top on the 5m and on the 1h. BTC being very weak all over the day, even running against ETH and co. That might be the signal for the retracement "everybody" is waiting for. BTCUSDT.PLFGWow, Total3 is also bleeding like hell LFGit bounced at the $ 118,420 support zone off for a smoke. hopefully its not blowing my bias. also i realized, pointing all that way down might be a little bit ambitious :P $ 116.260 should be a good target as well.thats it, fuck, i should have xited a the bounce next time then

drm3117

WIF is building a "Cup And Handle" pattern alongside a (hopefully) last trendline, Trendline 1. That breakout would lead back to the main keylevel, which is also the neckline of a H&S formation on a higher timeframe. To make it even more funny, that H&S is "the handle" of a even bigger cup n handle pattern on the next HTF. So the break of trendline 1 might bring us to the keylevel, and that might start the H&S being "priced".Yea i stepped in again after the trendbreak at 1.0420canceled it already, but forgot to cancel it here, sry

drm3117

drm3117

WIF/USDT: A dog wif hat lost faith but may become Pehoenix soon after a long lasting crash WIF started a decent move again was heavyly rejected in consolidation since then building a "Falling Wedge" the supposed breakout happend but there is still way more to come For this one I'm not going to explain everything in detail what me made find my BIAS, narrative etc. But at least enough Information that should be "useful" or "work you must not do buy yourself then". That could be the beginning of a race back to at least baseline or somehow below. For now, the trade is only planed to TP 1. Also im already in. I stepped in cuz: - there are several FVGs on several timeframes. The price is likely to play them out and should than react that way. I followed them and we should be bullish now. One good argument is that the weekly bullish FVG keeps nicely respected, while the bearish monthly FVG is actually struggeling. - very bullish Price Action on WIF - the TP from the "Falling Wedge" alone would be 1.3943 So TP1 + 2 got really much conflunce. And 3 as well, tru pressure from the market. Maybe even higher, but im not that far yet. I closed a WIF trade that evening, did the analysis after that, and just opened it again without trigger :D But there are triggers and u should use them: RB 1+2+3 Price Action pullbacks into FVGs on 1h f.e. "Hammer" candles with high Volumen break of structure on a LTF That was the second Idea i made here ever. So i'm happy you made it that far, thank you. Also feel free to comment the trade/the writing style, question, whatever. Pine Script® Sugartongue, and my hunger is still young. But I'll chase lights until the morning comes. And the world is flashing at the window.i stoped it for now, what btc, the dominance and eth + various other r doing is not looking good. also i found a couple errors or things i rated wrong, f.e. the first rejection point. maybe im getting in again later, but for now ill start cooking. like literallywent out at 1.0255, what turns out to be the right decision for now :p

drm3117

Well i guess i give it a try, posting my very first idea here.So its not much, a trendline break and an asset on discount. SL swing low, entry retest of BOS. TP swing high after a 4h FVG.If it works, im going to write more next time, i promise^^0.9030 is a strong confluence area, just reached. Taking some profits or setup a (particular) follow stop order to play save, but also for less potential profits. ill try to sell 1/3 and re-enter if possible, sell/buy the retracement0.8940 5/15m FVG may be such a oppurtunity to rebuy0.8656 setting the SL to the recent 1h swinglow is totally fair i guess- seems like BTC is sweeping the new ATH - ETH + SPY also showing weakness, closed manually, still a 2:1 RR, thats fine
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