as long as this current market candle closes within my newly formed support zone, things SHOULD be okay

there's no 100% prediction or win rate in trading, only betting the odds favourable !

what i'm looking at, 1.59 RR trade (and potentially more)

now, why did i put my SL at ^?

think about it, ill reveal the answer later

do actually think about it so you can get better at trading as well

now, how does market structure work?

ahh one wrong answer,

the answer is higher high (HH), higher low (HL)

good job for those that got it!

#learn

realise how btc 15m tf is moving in an uptrend, and hence market structure should HH, HL.

see how each low is higher than the previous

hence, my stoploss is placed BELOW the previous low with a bit of buffer for wicks, as the next low should NOT be lower than it

if not market structure is broken!

once market structure is broken, trade is INVALIDATED.

hope this helps! 😊

#learn

as of now market structure is still well respected!

so before you enter every trade

know WHY you are entering it
- what reasons are there? indicators? price action?
- have TP in mind
- have SL in mind

without any of these clearly in your head, DON'T trade.

#tips

if this did help, do help to share the channel so i can help share and help more people as well 🥳🤘🏽

https://news.1rj.ru/str/cryptomumbles

current position on btc

once again, SMALL margin, margin i can afford to lose

every trade should be an amount you're willing to lose

shifting SL slightly down more to give more room

to... 33.3k

buying down my entry with another small margin 1%

new btc position

very nice movement from btc, respecting market structure