xz
@hhx229
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price action & order flow; zero hindsight.
Joined January 2024
$BTC Flow with the trend… Became a seller at 92k as i previously mentioned i was looking for a move into resistance followed by rejection given the trend is currently to the downside. Zone was confluent with the 12/25 EMA Bands Zero hindsight as always. 🥂
$BTC Price remains trending to the downside from a higher timeframe perspective With that being said nothing has changed for me; still continuing to flow with the trend & become a seller at the presented zone confluent with the 12/25 EMA bands. Y/O also acting as resistance.
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$BTC Price remains trending to the downside from a higher timeframe perspective With that being said nothing has changed for me; still continuing to flow with the trend & become a seller at the presented zone confluent with the 12/25 EMA bands. Y/O also acting as resistance.
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$BTC 1D Business as usual. Have a fabulous weekend ahead.
$BTC 1D Given the current trend is to the downside, any push up into the presented zone met with exhaustion/buyer absorption etc i will look to become a seller. 12/21 Daily ema bands also confluent with the presented zone as potential area of resistance.
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$BTC 4H Upcoming plans for BTC along with an overview of my current positioning with my plan posted last week in detail. Notes on chart. Business as usual with zero hindsight 🎯
$BTC 1D Given the current trend is to the downside, any push up into the presented zone met with exhaustion/buyer absorption etc i will look to become a seller. 12/21 Daily ema bands also confluent with the presented zone as potential area of resistance.
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$BTC 1D Given the current trend is to the downside, any push up into the presented zone met with exhaustion/buyer absorption etc i will look to become a seller. 12/21 Daily ema bands also confluent with the presented zone as potential area of resistance.
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Stopped in profit on this just below mondays low - refused to take a full loss on this in these conditions. Price entering another area of interest
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Shorts opening below the lows confluent with price unable to push lower and a reclaim + acceptance above Monday low was enough for me to get involved; Entries circled. Ultimately i’d like to see a reversion back into 100-102s. However, I will be booking profits along the way.
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looking 4 a mean reversion long play at these levels if it sets up … after that we can resume the trend ⬇️
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risking half of a percent and adding more size further from your entry with more conviction and an adjusted stoploss to keep your risk controlled is far greater than bidding a fully sized position and taking a full loss straight away.
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scaling into your position upon further confirmation instead of fully sizing up straight away and risking a bigger loss with less confirmation >>
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shorted 115.5k; will cut very quickly if wrong being the invalidation is very clear/easy at said level. good luck to anyone participating this week.
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Price could always push further down. However, as previously stated securing profits is important to me for staying alive in this game. Zero hindsight; Full transparency as always. Pleased with the outcome.
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Price entered a 4hr supply zone with clear buyer exhaustion and rejection Order block created on micro TF; and price retesting it and pushing away along with CVD confluence was enough for me. Entry circled. Profits taken at a key level of support for me
Shorted SOL @ 190; Detailed reasoning for my entry will be provided later for anyone who cares to see how i perform my execution on these types of positionings. Good luck all
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Shorted SOL @ 190; Detailed reasoning for my entry will be provided later for anyone who cares to see how i perform my execution on these types of positionings. Good luck all
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and this is exactly what i meant. bounced to 190s from here. lesson here is: take profits.
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Strongly believe we trade 160s area but i closed this one out because taking profits is a priority for me. Especially at these returns. Don’t be greedy
opened another short position here @ 184 with very tight invalidation; being price came back up to retest the daily supply and rejected again was enough for me. i’ll be happy to lose out this one if i were to. good luck everyone.
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