Bitcoin / TetherUSEducation
HOW TO TAKE TRADE IN UPTREND
As we analyze the price movement, we observe a consistent pattern of higher highs without any break of structure (BOS) on the lows, indicating a clear uptrend. After a BOS, an optimal entry point may emerge at strategic retracement levels, such as 0.5, 0.618, or within a Fair Value Gap (FVG) or Order Block.
Detailed Breakdown:
Current Trend: Price consistently moves upward, forming higher highs. Without breaking key lows, it signals the strength of the ongoing trend.
Entry Strategy After BOS: Following a break in structure, look for retracement points such as 0.5, 0.618 levels, FVGs, or established order blocks. This approach aligns with seeking high-probability entries with potential for significant returns.
Sell Setup Logic:
Why Not to Sell: Although we observe the price hitting minor order blocks post-BOS, attempting a sell in an uptrend goes against the primary trend logic. Major lows remain intact, meaning that downward moves here are only temporary pullbacks.
Optimal Setup: We wait for the price to approach a major order block, ideally near a retracement point, which provides a higher probability of continuation.
Confirmation for Buy:
Once price reaches the major order block and begins reversing, look for confirmation through a bullish engulfing candle on a lower time frame.
Place a stop-loss at the swing low and target buy-side liquidity to capture the maximum potential of the setup.
Multi-Time Frame Analysis:
Multi-time frame analysis is essential for precision. Analyzing across different time frames provides insights into minor and major trends, allowing you to confirm entry points and enhance trade accuracy.
For more insights on high-probability trade setups, follow and engage with our content.
Detailed Breakdown:
Current Trend: Price consistently moves upward, forming higher highs. Without breaking key lows, it signals the strength of the ongoing trend.
Entry Strategy After BOS: Following a break in structure, look for retracement points such as 0.5, 0.618 levels, FVGs, or established order blocks. This approach aligns with seeking high-probability entries with potential for significant returns.
Sell Setup Logic:
Why Not to Sell: Although we observe the price hitting minor order blocks post-BOS, attempting a sell in an uptrend goes against the primary trend logic. Major lows remain intact, meaning that downward moves here are only temporary pullbacks.
Optimal Setup: We wait for the price to approach a major order block, ideally near a retracement point, which provides a higher probability of continuation.
Confirmation for Buy:
Once price reaches the major order block and begins reversing, look for confirmation through a bullish engulfing candle on a lower time frame.
Place a stop-loss at the swing low and target buy-side liquidity to capture the maximum potential of the setup.
Multi-Time Frame Analysis:
Multi-time frame analysis is essential for precision. Analyzing across different time frames provides insights into minor and major trends, allowing you to confirm entry points and enhance trade accuracy.
For more insights on high-probability trade setups, follow and engage with our content.
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