
What’s up legends!
I’ve decided to do this update a little differently. I’m going to start with a chart of the business model to show if I believe we had a typical weekly setup or not. I’m also marking in the liquidation levels as you can clearly see the peak of these levels cause the reversals.
This week, even with all the news events, I believe we did have a typical week.
BTCUSDT Chart
ETHUSDT Chart
TRADE ONE – BTCUSDT
I don’t usually trade weekends but I saw the set up and knowing price usually dumps into the full moon I decided to take a chance on it. Knowing Monday is usually fake move Monday, when I saw the W formation I decided to exit.
We ended up coming down a lot more but I’m still happy with this trade.
Result: 7.3:1 RR
TRADE TWO – ETHUSDT
This was a trade I covered on the last update and had taken 50% profit. I closed this trade at the start of the new week when I believed I saw a W at the Friday low.
Result: 9.68:1 RR
TRADE THREE AND FOUR
Continuing from above, when I believed I had seen
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