Trading is a complex thing, it will torment you for a long time, you will fall for a long time, give up, and possibly go into depression. But you must understand one thing, here the system is important, the actions that you repeat every day. Learning to read and analyze charts is easy, but it is difficult to cope with your emotions, for example, to enter a little earlier, to enter a little later not where you planned, there must be constants, variables that you clearly adhere to. If you are in a bad state, apathy or depression, close the charts and go rest. Everything will level out, all experienced traders go through this.
For this asset, I think we will be given another opportunity to drop to the lower boundary of the range, to remove the shelf (eql) in order to continue moving upwards, but it is important that upon the removal of liquidity, the price sees a sharp buyback from buyers and forms a BPR zone on the lower 15 TF. For now, I am observing
A practical example that demonstrates how zones of interest are formed, how the price respects them, and consistently receives a reaction from them to continue upward. Above, I provided a schematic, valid example of which breakouts can be considered and which should be ignored.
A practical example that demonstrates how zones of interest are formed, how the price respects them, and consistently receives a reaction from them to continue upward. Above, I provided a schematic, valid example of which breakouts can be considered and which should be ignored.
ETHUSDT I expect in the demand zone 4h fvg, on the daily timeframe this will be our wick where I wait for the price and further reaction, I will consider entering on lower timeframes 15m after confirmation of 2bos. If there are any questions, I will answer, we can discuss the setup in more detail. #ETHUSDT
ETHUSDT I expect in demand zone 4h fvg, on the daily timeframe this will be our wick where I wait for the price and further reaction, I will consider entering on lower timeframes 15m after confirmation of 2bos. If you have any questions, I will answer, we can analyze the setup in more detail. #ETHUSDT
#sol #btc SOLUSDT An example of how to work with liquidity, what is liquidity, what is structure, compression, we analyze all this in our chat https://t.me/cryptonarium_chat
#xrp On the daily (1D) timeframe, we removed the key liquidity at the top, removed eql from below and came to the global zone of interest wick, but I don’t like that the price didn’t come into it tightly, I suspect that we can still return to it
On the 4-hour timeframe, I don’t like how the compression is scaling from below, perhaps when the price is delivered to OB we will get a reaction downwards, in OB we need to observe the price now and see what we will form there