Trade update
Looking to take more profits on the big acc if we close a 5 min candle below this small support. Because then in my mind internal 5 min market structure will turn bearish, and it might be the first sign of lower price.
Putting alert on the green line, if we get there I will watch it and sell 50% of my long on the big acc if/when I see a 5 min candle close below the green support line.
Overall MS is bullish as hell.
5 min exit plan
4h bear div, unconfirmed. Last time it meant 2-4% down
To here perhaps, the red ring and EMA line. However MF is coming up so might be a lil dip and then continue up.
My SL is in profit, only 1.50% away from current price. If we dump 4% the trade will be in red, not gonna risk that in a winning trade.
ETH
When it comes to ETH, here is my current thinking. Every 24 min red money flow has resulted in a good few days of upside. We just had a 24 min MF bull wave.
Every green vertical line is MF coming into the green again. Which has been bullish for price.
Green box is 4h 19 & 21 EMA. They're showing that we're in an uptrend and we can be looking for longs on the smaller timeframes, 24 min for example. 4/24 strat.
A bit messy chart, I know. But the red line is previous resistance which can be tested as support now. As can be seen with the long position thing with the R:R visible, my entry is below the red line. If it's gonna act as support it means my entry is safe.
And red line should act as support if this uptrend gonna hold. Either way stops in profit on all my trading accs, all trades are currently safe and profitable. WIN!
Took out 50% of the BTC long. Didn't wait for 5 min confirmation because it looked so bearish somehow. I got scared. Exited 50%.
Fuck sake, did I exit too early? Did they trick me? Mfers... Perhaps we come lower...
8 hours later kinda:
Money flow coming up but price starting to struggle to keep going up. Perhaps my intuition 50% exit of the first break of that green line support wasn't too bad after all.
We will see what happens.
Big acc. I hold BTC on this acc, trading with BTC, not USDT. So when BTC/USD goes up, the acc equity also gets up. I haven't been trading this great. The curve looks good because BTC price has been going up. Well profit is profit.
Big acc
Small acc
Added $500 to BTC long here due to 1 min MF coming up again. No more safe cushion, but w/e.
Tuesday
13.2.24
Adding to ETH long. +$500. Due to 5 min MF. 1h WVAP (MC) coming up.
Wednesday
Yesterday afternoon we dumped 3.60%. Almost shook me out of the trade. I exited 50% of the position. I'm still in the long.
I just took ~20% profit on ETH and BTC longs.
MC Hidden Bull div long continuation pattern.
We've pumped 5% since that pattern, we're HIGH. That's why I took profits. I don't see any weakness here, other than that we're at the fib from ATH to low.
HTF MF looking strong. Example:
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