The market was bullish and I draw my demand zone where the price was likely to reverse and build a pullback. I had a confirmation in LTF to buy, we are using a 2RR.
So we can see that the price came back to a major supply zone where is some pressure so that the price goes down again, I netered immediatley a trade after I saw a bearish candle and I have a sell Stop in my 50% supply zone for when the price pullbacked and comes back to my pressure level.
Hello, so I used the fibonacci retracement to see where the price would likely do a pullback after seeing that we are on a bullish structure. The price rejected the level on the fibonacci so I put a buy order with 2RR.
the bitcoin price rejected my supply zone and in lower timeframe we can already see a break of structure of a change of character so I went short on bitcoin/dolar.
