After taking the market at the complete oposite direction, I sat behind the graph and started from the beginning.
We know we are bulllish at 4h and 1h frame, but as we go down we see a bearish trend which is coming to an end. It's turning into a consolidation and we are hitting some strong trend lines (where the price lost its pace previously)
We will take these zones as support zones ( 2382 and 2372) to see how the price reacts on those, if we see a reaction well take it as a signal and try taking the perfect entry. If not, fingers away from the market!
Essentally what I am trying to do here, is follow the movement, look for my confirmations like gabs, liquidity, imbalances etc..
So, my take would be to wait on those confirmations and then place a buy limit or a buy stop between 2375 and 2385 aiming for my POI at 2405 and then 2430
!! Not a suggestion to copy trade, these are only my ideas and thoughts and its all pure speculation !!
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