richard925
@t_richard925
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richard925
Bitcoin Market Breakdown 🧠📉BTC formed a range/liquidity zone (Accumulation Area) before making a strong move to the upside. Now, it's showing signs of weakness:🔸 Distribution Range forming🔸 Failure to make a higher high🔸 Low volume on recent pushes🔸 Bearish RSI divergenceThese are classic signs of a potential sell-off brewing.📍Trade Setup:• Entry: 109,775• Take Profit: 106,729• Stop Loss: 110,331⚠️ Manage your risk. This setup aims to capitalize on a downside move following possible distribution
richard925
Sellers have taken control, breaking previous lows and creating downside momentum. However, a deceptive move leads to a temporary low, followed by a sharp rise to create liquidity for sellers. I'm considering a sell trade at the established high, targeting a supply area for potential profit as momentum reverses from high to low
richard925
gold is making lower highs and lows after consolidating since Oct 23after failing to continue the upward move I am looking for breaking of structureprevious days Previous days High/Low my entry at 1975.00 to 1915.00 Stop Loss at 1990.25Please be advised that these trade ideas are intended solely for educational purposes and should not be regarded as financial advice
richard925
missed a trade on Gold -purple linemarket is at daily high and started making lower high with a hard push down breaking 2 structuresI waited for the fibonacci %50 for a retracement continuation entry at 1956.784profit level - 1895.799stop level - 1963.735
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