Total market & BTC:
- still has more upside to take out before a significant reversal
2D:
- ADA currently making its way up for a retest of weekly liquidity zone and 2 day EMA. Once this happens, I will be reversing and going short
4H:
- currently bouncing at support and trend line after completing reversal pattern
1H:
- bulls coming into the market, price broke above micro structural zone
Stop loss: 0.901
- below local low, trend line, and liquidity zone
Take profit: 1.029
- At weekly zone giving me a 3.27 R
- still has more upside to take out before a significant reversal
2D:
- ADA currently making its way up for a retest of weekly liquidity zone and 2 day EMA. Once this happens, I will be reversing and going short
4H:
- currently bouncing at support and trend line after completing reversal pattern
1H:
- bulls coming into the market, price broke above micro structural zone
Stop loss: 0.901
- below local low, trend line, and liquidity zone
Take profit: 1.029
- At weekly zone giving me a 3.27 R
Trade closed manually:
Got in too early. Did not have confirmation of new trend