BTC 4H Long Idea
Potential double top formed - therefore there is potential for a retrace.
4H bullish orderblock identified which is confluent with Point of Control of upmove (using fixed range volume profile), also near a key monthly, quarterly and weekly level, and within the Fibonacci golden pocket. Wait for a retest then long to previous high. Stop loss just below the orderblock.
This trade may not hit because current momentum is very bullish and the EMAs marked could serve as "support", meaning price never retraces back to my desired level. We will see.
4H bullish orderblock identified which is confluent with Point of Control of upmove (using fixed range volume profile), also near a key monthly, quarterly and weekly level, and within the Fibonacci golden pocket. Wait for a retest then long to previous high. Stop loss just below the orderblock.
This trade may not hit because current momentum is very bullish and the EMAs marked could serve as "support", meaning price never retraces back to my desired level. We will see.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.