Bat Country

2.4K posts

Bat Country

Bat Country

@BatCountry45

Katılım Mayıs 2019
193 Takip Edilen68 Takipçiler
Bat Country
Bat Country@BatCountry45·
@MoneyTaura I wish I could apply but I probably won’t be able to due to financial reasons
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MartaTrades
MartaTrades@MoneyTaura·
One (last) spot remaining. I put it in brackets because for now it feels like it will be the last one. I love working with people too much… so maybe, in future, when a right person comes along and asks and I see potential… For now- one last spot. And I will let my mentees and their progress speak for itself.
MartaTrades@MoneyTaura

“A mentor is not someone one should rely on beyond transitional periods. They are your support during learning times and help guide you in times of practice.” Mentoring has been one of the most fulfilling parts of my life and seeing how much my input helped those I work with goes beyond anything I ever imagined in my life I will experience. I had @Moneytaur_ encouragement, my own fire and desire to help. Tho certainly my style is different to his I have some amazing feedback (see pics as examples) from some of my mentees and I will let it speak for itself. However I will be phasing out my involvement with one to one approach. I still have room for one maybe two people (it will depend on who you are, what you know etc. for me to consider taking you on). But for the foreseeable future that will most likely be it. I will continue working with my closed and close circle of mentees and will continue the support. I give it all when I work with you. There’s no half measures with me. But it feels like time has come to give room for myself and my family more. And balance my attention, my soul and heart in slightly different ways. I will not leave X, tho it takes a lot for me to sometimes come and ignore the noise. But I feel my input here is appreciated and needed. And I trust everyone who sees my content and finds value in it will find a way to greatness. But enough of the sentiments. Back to work. Thanks to all. Stay peachy 🫶

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Bat Country
Bat Country@BatCountry45·
@ChainHubCT Yeah just checked your chart and can see the blocks you have Mine is different so isn’t showing the same information I might set alerts on both see how we react
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Bat Country
Bat Country@BatCountry45·
@ChainHubCT Not sure if it’s cause we are using different sources for cotton, but struggling to find that weekly block you have
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AFC SAKA
AFC SAKA@SxkaAFC·
@SeanDOlfc @noknowli @OGNAGBONE it is true because look how much more investment teams in the PL are making to their teams. the level of spending across all teams in the league is at a huge level compared to before. And in the group stages we beat atletico 5-0 and an unbeaten Bayern 3-1
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Bat Country
Bat Country@BatCountry45·
@MariusSm1th Marius just wondering why you dont use the 1M or 2W OBs here?
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Marius 👁️⚡🌱
Marius 👁️⚡🌱@MariusSm1th·
$BABA not the strongest 2x lvl, but lines up nicely with GP
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Bat Country
Bat Country@BatCountry45·
@CryptoChase02 Finally got round to watching this. Bro uses some crazy minute tfs
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CryptoChase
CryptoChase@CryptoChase02·
$EURUSD 📽️🖥️ I caught a nice short opportunity on EU this week and I thought I'd make a video on my thoughts at the time. I think this will be a nice swing trade with lots of liquidity below, so I will hold the trade and responsibly TP/Trail my position. - Explaining my thoughts about the trade - Using emotions with execution - Why I took the trade - The plan for the trade Hope you can learn something 😁 Proof in comments below 👇
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Bat Country
Bat Country@BatCountry45·
@AFC_Monty_ Already conceded more and the season isn’t even over While playing with Lovren and attacking FBs Please rest
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ChainHub
ChainHub@ChainHubCT·
Have you swing shorted too early anon?
ChainHub@ChainHubCT

I don't remember if I mentioned before (altho I think it was obvious) that many retail were bearish on the stock market near the top. I also mentioned in the SPX update that there were too many highs stacking so not a good top. A good top is a sync sell from whales creating big gaps with a lot of buyers (exit liquidity) at the highs not sellers. Ever since US indices hit those HTF demand, I expected the cease fire to come (DXY hitting resistance was a +1). The structure was still looking 'okay' and for that reason I took longs there. Now they are at an area where I was looking to start looking for shorts but there is no weakness and so I haven't tried any short setups yet and I am still looking for bullish continuation on LTF. The Trump announcement came after SPX and NAS took their demand and I was already up a lot. Once the Trump announcement came, we had a massive surge but most people were way too late and now the move should start fizzling out. The reason why it hasn't yet fizzled out completely and I think we can go higher still (maybe even near the ATHs) is because that move was sustainable. There was accumulative behavior with the combination of retail being bearish (Max climax with war) on the US stock market which doesn't make sense. Whales would never sync sell like that. BTC's top is an example of how it should be done (Q4 bullish climax). Since this rally is sustainable, we need big fuel to reverse the chart and that fuel should be near ATHs. Next week is Titanic. Eyes on the prize. Crypto hasn't rallied that much due to how negative this market has been and in a deeper bear market phase but I think ETH can send and take 2500-2600 where a lot of fuel is to reverse price back to the lows. There is not much supply on ETH right here so most likely it goes to 2500. My levels are clear as day, once synced, I will short heavy

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GPM
GPM@melovemoney1·
This WMT trade looking good. Shout to @Trader_Vantage for helping me understand market structure better which gave some added confluence here...something I neglected early on. Of course I understood the basics, but Vantage is really helping me understand some advanced concepts I never fully grasped that is improving my game. I sought him out bc I was able to spot how he specializes in this area, and it's something I always wanted to know the ins and outs of and fully understand it. Other mentors have explained it to me...but it seems I'm a slow enough learner where I needed a mentorship specifically for market structure (and some other things). Understanding your strengths and weaknesses is imperative to success. I'm not just talking something like market structure, bigger picture. My weakness is I'm a hard headed slow learner - learning can be very painful for me, and I need hand holding a lot in the early learning stages for certain things. My strength is that I'm able to realize things like this bc I'm honest with myself and I will outwork 99%. Psychological lessons from @mr_abundance_ carry into this lesson, your journey will build on itself and your personal life decisions\traits will show in your trading.
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GPM@melovemoney1

WMT (Walmart) - don't have to be this aggressive with SL I'll wait for PA to decide how I want to play it

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Hoodstock
Hoodstock@hoodstock_80·
Hello boys n' girls. This week my notes based on @Moneytaur_ will be covering... - Stop Loss - - Accepting Loss Accepting loss is one of the most important aspects of this game. If you’re striving for perfection and can’t accept loss, you won’t make it far. Loss is not optional, it’s integral to trading. “If you will be trying to avoid losing trades you will never become successful. N-E-V-E-R.” x.com/Moneytaur_/sta… “I don’t care about being stopped. I move on and keep draining exchanges every single day. Fear shuts down the part of our brains designed to solve problems. I see $ coming and going every single day 🥂” The more comfortable you are with the certainty of losing, the more likely you are to become a successful trader. Learn from your losses and refine your process. “Winning is easy. Losing is hard. Nobody goes undefeated all the time. If you can pick up after a defeat, and go on to win again, you are going to be a Champion someday.” ------- - Cutting Your Losses Placing a stop loss and sticking to it is non-negotiable. When your stop hits, the trade is over. “Learn to cut your losses. Learn that you don’t win every play. In fact, the best traders in the world might not even have 50% success rate in terms of winners vs losers, but they cut their losses early, thus burning a small % of their trading account, and the winners can pay hundreds to thousands of $” x.com/Moneytaur_/sta… NEVER move your stop loss to avoid being taken out. NEVER increase your position size just to give your stop more room. This is hope fuelled behaviour. Even if it works sometimes, it reinforces destructive habits and kills your discipline. Actions create neurologic pathways choose the right path with every decision you make. “If i was adding size trying to save it, maybe i would be lucky with the latest ⚡️, but that’s amateur and you can’t rely on prayers in this game, so you should stick to your strategies with discipline.” x.com/Moneytaur_/sta… ------- - Stop Loss & RR Tight Stops A tighter SL allows for larger position sizes while keeping risk constant, dramatically improving potential R:R if the setup plays out. In general, HTF levels require wider stops due to the broader ranges forming the levels. MTF and LTF setups offer tighter stops and greater precision. As noted in the order blocks write-up, refining levels unlocks precise entries with enhanced R:R on higher timeframe levels. LTF confirmations and confluence further reinforce these setups. Taur’s consistent execution of them reflects his precision and market insight. “I am willing to use a tight SL because it allows me to leverage my position to the highest possible extent, maximizing potential profits. It’s a sacrifice for a bigger reward.“ This is a craft, not guesswork. It takes experience, intuition, and real-time decision making. Tight stops fail more often, that’s the cost for higher reward. 🔺A hesitance to lose trades will never allow you to reach this level. Wide Stops Wider stops offer more breathing room, reducing stops, but with smaller position sizes and lower leverage, the RR is reduced. 📝MT’s “wide” SL is typically around ±5%, far more precise than the wild retail standards. Finding Balance There’s always a trade-off: precision for reward, or lenience for stability. Knowing when to use each is key. Splitting entries allows you to balance refined high-RR entries with broader low-risk ones. 📝Exchanges often only allow one leverage setting per asset. Use a separate exchange or pair (for example BTC/USDC) to handle differing settings. Strategic Sacrificing When two levels are close, you can either increase SL to cover both or play each with tight invalidation, potentially sacrificing one, for the second higher-RR setup. x.com/Moneytaur_/sta… ------- - Stop Loss Placement Valid stop placements depend on the setup: • Just past an order block • Just past a refined level • Just past the end of an FVG • Just past a hidden wick or opposite pole • Just past a nearby OB • Just past an untested fib level • Just past a supply/demand zone • Just past an area of structural significance Confluence When multiple of these align, they create stronger protection. This added confluence can strengthen conviction and may justify adjusting your risk or the use of limit orders. Market Context Use broader market structure and confluence from majors. Smaller assets tend to follow larger ones. Trade Context The trade type affects stop placement. A spot long at extreme discount calls for a wider SL than an LTF scalp. As covered in “Entries”: plan in advance, know your conditions, and stay three steps ahead. x.com/Moneytaur_/sta… ------- - Stop Loss to Break Even (SL2BE) Once in profit (usually after your first TP), focus shifts to protecting gains. That means moving SL to BE. Timing depends on trade type and trader. When to Move SL2BE MT often moves SL2BE after first TP, but this is fluid. Consider the following. The Level & The Timeframe Optimal or semi-optimal HTF levels carry deeper liquidity and are more likely to be revisited, especially if price reversed quickly on first touch. In these cases, it’s often better to delay moving SL2BE too quickly, to avoid getting stopped out. Alternatively, be aware of the chance of being stopped and look for re-entries if the trade is still valid. Reply: someone reminded me recently, move SL to entry as soon as in profit MT: “Sort of, but not really. That reflects fear, and this isn’t good when trading. Price can retest before the bigger move. If on significant profit and significant liquidity levels left behind, then yes… to BE or trailing above/below those key levels.” x.com/Moneytaur_/sta… Scalp trades, where price can quickly move against you, should have SL2BE applied as soon as possible. Protecting capital on LTF plays is your first priority. “Indeed, I move SL faster when scalping. The play is faster anyways.” x.com/Moneytaur_/sta… MTF trades fall somewhere in between. Liquidity Taken Briefly wicked levels are more likely to get revisited, while levels with multiple relevant body closes within have likely cleared their liquidity. If liquidity is drained more gradually and TP1 hits, SL2BE is appropriate. A revisit afterward is more likely a SOW. Liquidity Left Behind When two levels sit close together and only the first has been tagged, price may revisit the second before continuation. If you’re in profit from the first entry, and your stop does not cover both levels, being more defensive with your position management can make sense. Strength of Reaction A strong reaction from your level often leads to a quick first TP and is a natural point to move SL2BE if the trade calls for it. A weak reaction may signal intent to reverse. In these cases, consider protecting yourself sooner, even before the first TP hits (depending on the type of trade). Momentum Trading against momentum is riskier. In bearish markets, bullish trades should be protected faster. When trading with the trend, there’s more room for lenience. Context Always zoom out and consider the broader market context. If you’re long and USDT.D is approaching HTF support, the risk of reversal increases — your SL strategy should reflect that. Always keep majors in mind. “If BTC was taking a significant (at least) MTF key level I would probably not TP + SL2BE yet, but if it isn’t I do. I will trail from here for as long as it wants to keep going.“ 🔺Never give back profits unnecessarily. Taking profits and securing your position is non-negotiable. ------- - Trailing Stop Losses Trailing protects your downside while keeping upside potential open. It also reinforces disciplined trading by rewarding a methodical, patient approach. Slow and steady wins the race. “Trail ALL your positions once in profit. You might leave some profits on the table here and there as your SL is hit and price carry on going on the direction you expected without going back to your entry or initial SL, but you’re better off accumulating profits gradually than trying to maximize the gains on each play. No need, and if you learn how to trail your SL properly, below or above “hidden” liquidity levels paired with other tier 1 confluence, you will not really be stopped early very often. Still, best to be stopped on profit than seeing a nice profit on your position today, and next day your SL got hit and you lost $ instead.” MT often begins trailing around the second TP, once key levels form. “I am actually long from the exact key level I’ve shared a while ago. At the moment with SL2BE and trailing soon once I start getting optimal LTF imbalances.” MT’s method is based on liquidity. He applies the same core principles that guide his entries and targets to define new line in the sand levels when trailing. In this RUNE example, MT trails his stop above the 1H hidden order block. With price at MTF demand, this protects gains without cutting the trade too early. x.com/Moneytaur_/sta… When To Trail All of the factors mentioned in SL2BE can influence when to trail your stop. One factor deserves special mention. Structure... If price fails to break prior structure, it may signal a SOW or SOS. In such cases, consider moving your SL up from entry to secure profits from a potential reversal. Trailing from Entry In some cases, MT will begin trailing his stop ASAP after entry. This typically happens when price leaves behind an FVG that leads to the entry, with no clear blocks behind to anchor take profit levels. As covered in the FVG write up, these gaps contain less liquidity, making price movement faster and more volatile. Early trailing helps lock in gains in case reversal occurs. ------- - Staying Flexible Real skill lies in position management. MT adapts in real time, based on price action, liquidity, profit, market context and trade objective. x.com/Moneytaur_/sta… Reply: You said before you moved SL to just below LTF FVG. Since then price went below that. “Moved the SL back to initial level. You know, position management and so on.” Reply: does this come with intuition and experience? “In this case, I was willing to pay profits back to remain long on MUBI as I’m focused on an HTF move instead of LTFs. There were no LTF/MTF imbalances, so I just moved SL around as the entry level was still fairly strong at the 2nd touch. I probably wouldn’t let the entry level be hit a 3rd time, or I would but with 1/2 or 1/3 size by closing 1/2 or 1/3 of the position before entry level. Nothing linear in this game. I can change my mind in a second depending on price action, overall P&L, and more…” x.com/Moneytaur_/sta…
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TXR
TXR@txr_trading·
@BatCountry45 It was personally 'coded' by me, based on months of trading history and data on this edge. It is not publicly available at this moment.
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TXR@txr_trading·
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Bat Country
Bat Country@BatCountry45·
@phoenix_cr47 Hey bro, wondering why you picked that high for ChoCh and not the one after The low?
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Phoenix
Phoenix@phoenix_cr47·
The Strenght Of Hidden Liquidity Levels Chapter 5: Understanding HTF trend Market structure is very important for assessing the strength of hidden liquidity levels. As a general rule, favor bullish HOBs in uptrends and bearish HOBs in downtrends. While this sounds straightforward, in practice there are many nuances, and building true intuition takes screen time and experience. Let me explain the concept in a real life example. I chose $QUBIC as a smaller cap coin to show that these concepts even work there, there's a lot to uncover so dive in ;) 1. Entry I accumulated a $QUBIC spot position at a 2D PHOB inside demand after price printed a low and showed bullish signs, including a change of character with a close above the last swing high. Post: x.com/phoenix_cr47/s… 2. Bullish trend continuation off 1D HOB Price rallied from that level, creating a bullish BOS and confirming the uptrend. On the way up, a 1D PHOB formed. Price retraced from the 0.5 fib of supply into this 1D HOB, wicked below but never closed beneath it on the daily, then bounced higher—textbook continuation behavior. 3. Potential next continuation level After rejecting again at a 0.5 fib from supply and bouncing at 2D demand, price created another 1D HOB, this time aligning with the 0.618 fib. This was the next logical continuation zone. 4. Signs of Weakness On the following retrace, price broke through that 1D HOB. I reduced risk and took profits. A broken bullish HOB in an uptrend is a clear sign of weakening momentum—just as broken bearish HOBs are in downtrends. This doesn’t automatically confirm a full reversal, but it often foreshadows a retest of prior swing levels, which is exactly how it played out on $QUBIC. This example shows how ignored or broken HOBs can signal early weakness. In bullish trends, HOBs should act as continuation levels. If they fail—or worse, flip into bearish HOBs—it’s a warning sign. Conversely, strength can also be spotted when supply levels are transformed into bullish HOBs, as seen on $ETH near its bottom, where a flipped supply into a HOB was a clear sign of strength (see chart attached). Overall, stick with the trend: favor bullish HOBs and avoid shorting bearish ones in uptrends, and favor bearish HOBs while avoiding longs on bullish HOBs in downtrends. There’s a catch though - if you want to catch a high-timeframe reversal, you MUST eventually trade against the trend—shorting into strength or buying into weakness—because no trend lasts forever. The key is recognizing when a HOB is strong enough to spark that reversal. The criteria outlined throughout this series are designed to help with that—keep stacking them, and always weigh them against the prevailing trend.
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Phoenix@phoenix_cr47

As I made some additional learnings based on my own experiences and on comments made by @Moneytaur_ I would like to expand a bit on the topic of Quality of a hidden liquidity level. When I talk about the quality I specifically mean the probability that price will reverse at a certain liquidity level giving you an optimal trade entry. This quality of a hidden liquidity level depends on several factors: 1) Mitigation Was the level mitigated already earlier by wicks into the zone? The more wicks into the level the weaker the HOB. If a HOB Zone was mitigated by more than 50% (0.5 fib) I don‘t consider it anymore. 2) Fully or partial hidden? Is the BB fully or just partially hidden behind a FVG? If it’s just partial that makes it a partial HOB = pHOB. If the BB is fully hidden behind the FVG it’s stronger. 3) Timeframe matters The biggest money is found on HTF. HTF HOBs are in General stronger than MTF and LTF HOBs. >1D or even >1W tend to be quite powerful. 4) Are multiple TF HOBs at same level? Are there multiple HOBs stacking above each other on different TFs? Can you refine a HTF hidden liquidity level into a lower timeframe one? If yes this increases their strength. 5) Understanding the HTF trend In a HTF downtrend HOBs acting as resistance work better than those as support - and in bullish trend vice versa. In bearish trends bullish HOBs are often ignored and you can short a 2x HOB later. In a HTF downtrend the most reliable HOBs are close to HTF demand zones, which brings me to the next point. 6) Is the Hidden Liqudity Zone Close to HTF Demand or Supply? Liquidity zones „in the middle“ are frequently ignored as long they don’t have powerful confluence coming from fib levels. The closer they are to HTF Demand / Supply the more powerful they are. 7) Fib Confluences Of the Hidden Liquidity level has confluences with relevant fib levels (5, .618, .705, .786, .886) it’s stronger, ideally the fib levels can be found on HTF swings. 8) Multiple FVGs Are there multiple FVGs behind the BB? If yes this becomes a 2-n x HOB and those are likely stronger. Note that the existance of those levels means that HOBs don’t always lead to a reaction but can be ignored initially. You can find reasons why they can be ignored initially in one of the points above. 9) Volume of the coin Liquidity concepts work better on high volume coins such as $BTC and $ETH. Those two are leading and be careful about liquidity levels on alts that do not align with liquidity levels on those majors. 10) Confluences Do not trade altcoins in isolation - if they reach key levels look for confluences coming from USDT.D BTC ETH TOTAL TOTAL2 Did they reach key levels as well? If yes this increases chances of a reversal. Bonus As additional metric for entering a trade in a hidden liquidity zone you can check the Volume Spread. High Volume and high Spread Events can give confluence for an upcoming reversal. Might write more on that later. This might be the most valuable post I‘ve ever written, hope you appreciate :)

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Bat Country
Bat Country@BatCountry45·
@CryptoChase02 Appreciate the response. Been through all your learning and it’s some of the best out there, wouldn’t of known where to start without it
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CryptoChase
CryptoChase@CryptoChase02·
MARKET UPDATE 📈 $BTC Bitcoin is currently in a bullish trend on a smaller TF compared to the macro. Assume price action to keep following the parallel channel until one of the trendlines, a key swing or a key level is broken. We saw a HTF BOS above 76k, so we could potentially see price action move towards around 91k. However, we have a barrier to break through at around 80k alongside ETH's HTF BBs [$2500]. Currently watching 2 levels and it's not our job to predict which one comes first. Whatever one hits first, watch it and execute if you like the risk. Below us is a 1D OB + 0.5 Fib level with some MTF BBx2 inside. There is also a 8H pBB below as a plan B. I'm looking for a long at one of those key areas to then target our bearish key level above [80k]. Above us is a 1W pBB [Eq of 1W OB hasn't been touched] + 0.5 Fib level with a 7H BB inside [Refinement]. You could also argue that there is a key OP within this area too. Now, whichever key level hits first, I'll most likely take it because we have a clear target for both positions. The weekly closures haven't been the greatest, so it does make me feel less bullish. We could just be slowly grinding upwards as time passes by towards the bearish key level and reverse back down, targeting 46k. We don't know what will happen, but we have reversal targets and invalidation points to help us stay objective. At the 91k area, we have HTF supply and some HTF pBBx2, but I'll talk about that key level if we get closer to it. $ETH Ethereum is also currently in a bullish trend on a smaller TF compared to the macro. Assume price action to follow the parallel channel until one of the trendlines, a key swing, or a key level is broken. We saw a HTF BOS [Shitty BOS] above 2.38k, so we could potentially see price action move towards around 3.1k. However, we have a huge hurdle to break through first at $2500. There are multiple HTF BBs in this area, which align with a 0.5 Fib level, with the largest being a 1M BB. Now it's important to understand this setup has a high probability of being a successful setup, whether the profit is small or large [That depends on you as a trader]. It is also important to know that this key area acts as a confluence to take profits on any spot bags you have that are in great profit. Price action has already pulled back into the bullish key level below [1D OB + 0.5 Fib level + MTF BBs], so it would've been ideal to take a long within this area, as you have a massive magnet just above [HTF BBs] acting as a crucial TP level. If this bullish key area fails, then my plan B for a future long setup will be the 3H BB below the PSL with a reduced risk. I think it is highly likely we see the bearish HTF BBs hit before any bearish continuation on the macro side of things. The weekly closures haven't been the greatest either, as the picture shows us a potential 3 drive pattern into the bearish HTF BBs. $USDT.D Currently ranging on the USDT.D chart, as we failed to see a HTF BOS below its key SL. We also failed to see a weekly closure below the 1W BB, so technically it is still intact. But as we know, the more hits a key level has, the weaker the key level becomes. So a breakthrough is likely next time, with targets below being the 3D BB or the 1D pBB + 0.786 Fib. One of those key areas will most likely be a nice confluence for a reversal in the near future. Continuing with our current range, I'm expecting price action to at least tap the premium zone [Any key level above the equilibrium] before bearish continuation, if given. The 1st key level has already been tapped [1D OB + MTF BBx2], but I think it will be revisited as some key levels on other major charts haven't been tapped yet. The 2nd key level is the 8H BB + 0.618 Fib level just above the 1D OB. This will be our plan B. If plan B doesn't work, then SH is likely to be tested and if that fails, then bullish continuation on a macro scale is likely. There is also a potential HTF 3 drive pattern forming on the USDT.D chart, just like ETH. Just to briefly mention the USDC.D chart, it did show a HTF BOS and is yet to tap its key level that was left behind. The USDT.D + USDC.D chart is also testing a massive 3M/2M BB with some refinement levels through 2 FVGs below on the HTF. Thought it was worth a mention. Again, it's not our job to know which one is correct and should follow. Take it all in as a confluence to create a decisive decision. $TOTAL The TOTAL chart is currently in a bullish trend on a smaller TF compared to the macro. Assume price action to follow the parallel channel until one of the trendlines, a key swing, or a key level is broken. We saw a HTF BOS above 2.57T, so we could potentially see price action move towards around 3T. However, we have a 6D BB + 0.5 Fib level to test first. This would give us a confluence for a nice short opportunity and to take profits on any profitable spot bags. Above that, I'm looking for the 2W pBB to hit but we can talk about the higher targets when we get closer to it. After a BOS, you look for a potential key area to pull back into before any continuation. Below us, we have a 1D OB with MTF BBx2 inside, which aligns perfectly with the 0.5 Fib level. Now I know some key levels on other major charts have hit already, such as USDT.D, ETH and TOTAL2, but this one hasn't, so there is a possibility for a retest as Bitcoin & TOTAL are yet to test any meaningful liquidity. Just like how I previously mentioned, the weekly closures haven't been the greatest, so remain cautious. A potential 3 drive pattern into the equilibrium is on the cards. $SPX Now I think it's important to mention this too. SPX was in a distribution phase and it was looking nasty with a weekly BOS below its key SL. However, for the past 3 weeks, it had a crazy push! Pushing us back to ATHs with a weekly closure above the SH, meaning the HTF structure is now back into bullish mode from a technical standpoint. Will this help the overall financial markets? I don't know for sure. But a HTF BOS above a SH [76k] on Bitcoin and a HTF BOS above a SH [7k] on SPX is very interesting to me. Conclusion Now obviously from the text above, I do look overly bullish, but it's always important to zoom out! Within the crypto markets, the macro market structure looks bearish. So it's important to be wary and rational when it comes to bullish price action right now. If you happened to be "lucky" with your selected spot bags or longs and experienced any crazy %'s in a short amount of time, be wise and take profits. You're fighting against the overall trend. Don't act surprised when the market starts to rapidly fall to the next HTF KLs below and you're still holding onto your bags. The market can change drastically just like that. You have to remain aware of the current market cycle. As time passes, you have to be realistic about where you think price action could potentially reach. Don't be too euphoric and look like a fool, realising you're back to square one and haven't learnt a single thing because you let your emotions get the best of you. If you're happy to accept the drawdown and accumulate as the market falls, then that's on you. That doesn't mean you're making the wrong or right decision. You did what you think is best 👍 Exciting to see what the market brings in the near future. Talk to you in another market update soon 😁
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Bat Country
Bat Country@BatCountry45·
@lucas67261771 Hey bro, I was wondering why you don’t see this as a SH and the following push up a BOS? Any response would be appreciated, or where you learnt about swings and BOS
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Techbr0
Techbr0@lucas67261771·
BTC Algo-rythmique 🧮
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Bat Country
Bat Country@BatCountry45·
@CryptoChase02 Hey, can you please help struggling to understand what is SH or not, why are them peaks not classed as a SH?
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CryptoChase
CryptoChase@CryptoChase02·
⚠️ MARKET STRUCTURE ⚠️ The 2 main factors that decide whether you enter a trade are market structure (MS) and liquidity/volume. The 2 simple concepts that get overlooked by many traders. MS will help you distinguish if the trend is in an uptrend (bullish)/downtrend (bearish) or if PA is consolidating. MS will help you highlight the manipulation in the market that the 🐳's set. For example, a fake breakout. A break of structure (BOS) is important as it represents a shift in the MS/trend. If price action (PA) breaks above a PSH or below a PSL, it indicates that there will be a potential reversal or continuation in the same direction as the breakout. A BOS on a HTF is far more reliable than one on a MTF/LTF. Never trade against the HTF trend, if you do, accept that the probability of success is now lower and you should either risk less or ignore the trade. Understand your risk management. HTF > MTF > LTF The HIGHER the timeframe, the more POWERFUL the BOMS is. Since mastering MS, I've seen a huge rise in my success rate in choosing the RIGHT setups. MoneyTaur - "A wick doesn't confirm it broke. It's a false break. A body does. Bodies hold institutional trading volume. Wicks can hold no liquidity on them" Candle closes will show you if your support/resistance level or key area of liquidity is broken. If your support/resistance level is broken, you wait for a pullback into a key area. If your key area of liquidity is broken then move on a find another opportunity elsewhere 👉 x.com/CryptoChase02/… Don't chase PA, let it come to you. You should always look for the MS first when charting a setup to see if the trade will be in your favour (+1 confluence). If your PSH wasn't broken and you still can 👁️ a key liquidity level, it doesn't mean you have to ignore it. You can just risk less as the confluence on the setup is weaker. Find your personal preference. Learn to master your thoughts on a chosen setup. Once the PSH/PSL has been broken you now have a new range and will look for key levels within the new range. Remember your discount and premium zones when placing your fib levels. Understanding MS will help you identify optimal trades. (Zones) 👉 x.com/CryptoChase02/… (Fibonacci retracement) 👉 x.com/CryptoChase02/… $LINK Example: In our old range, the 1D candlestick didn't close below our HTF PSL so we can assume PA will continue to range inside the old range. Now, the 1D candlestick closed above the HTF PSH indicating a market structure shift (MSS) while leaving behind a FVG which created the HOB. Now we have a new SL and SH (new range formed). Place your fibs from the SL to the SH and then you can see that the equilibrium lines up with our key liquidity level (17H HOB inside 1D pHOB). Market structure shift (Confluence) HOB as our key level (Confluence) Equilibrium lining up with key level (Confluence) Remember, this all started with us identifying the MS and seeing that it broke past the PSH to the upside therefore we can assume the price will pull back into a key level and then continue upwards 📈. PA will seek the key area of liquidity giving us a long opportunity at hand. Check for the HTF BOS as this will be your main confirmation of whether the long/short setup is strong or weak. The key to successful trading is understanding the MS and identifying the shift patterns (Timing the market). Once MS has shifted, look for the best entries on the pullback. This will help you avoid entering terrible setups. Waiting for the pullback into a key level of liquidity after a MSS will increase your chances of success. I try to make these topics as friendly as possible and it does take some time of my day so if you want me to carry on, please like and repost so it can reach more people 🙏 (If you don't mind that is 😁) If you have any questions then put them in the comments below 👇
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