Bullish Structure & Reaccumulation Setup
#sky After pulling back to 0.06820, we saw a clear CHoCH (Change of Character) shifting market structure to bullish.
The Retracement: Following the creation of a new higher high, price is now undergoing a healthy re-correction back down into the key demand zone.
The Game Plan: Patiently wait for price to drop into that key demand zone, then look to position yourself for a long trade as it gears up to print the next higher high! 📈
Are you tracking this setup on your charts? Let me know your entry plans below! 👇
$SKY
#BinanceSquare #CryptoTrading #TechnicalAnalysis #PriceAction #SmartMoney #LongTrade #Crypto #TradingSetup
#sky After pulling back to 0.06820, we saw a clear CHoCH (Change of Character) shifting market structure to bullish.
The Retracement: Following the creation of a new higher high, price is now undergoing a healthy re-correction back down into the key demand zone.
The Game Plan: Patiently wait for price to drop into that key demand zone, then look to position yourself for a long trade as it gears up to print the next higher high! 📈
Are you tracking this setup on your charts? Let me know your entry plans below! 👇
$SKY
#BinanceSquare #CryptoTrading #TechnicalAnalysis #PriceAction #SmartMoney #LongTrade #Crypto #TradingSetup