Ideaology / Tether
Long

IDEA - My Trading Plan in a picture!

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Hello everyone, if you like the idea, do not forget to support with a like and follow.

IDEA is still sitting around a strong demand zone in blue so we will be looking for buy setups.

Long-term: on the left

on H4: IDEA is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)

Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)

Short-term: on the right

Since IDEA is sitting around the demand zone, we will also be looking for short-term buy setups on lower timeframes.

on H1: IDEA formed a double bottom pattern in gray, but it is not ready to go yet. Before we buy, we want the bulls to prove control again.

Trigger => Waiting for a momentum candle close above the gray neckline to buy.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

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